Asia-Pacific Cloud Migration Market Increasing Demand, Growth Analysis and Future Outlook by 2031

The Asia-Pacific cloud migration market is projected to grow at a significant CAGR during the forecast period. The market is mainly driven owing to the cohesive government initiatives to promote digitalization. For instance, in 2015, the Indian government launched the Digital India campaign to promote digitalization, increase internet connectivity and improve online infrastructure within the country. This, in turn, is supporting the rising number of internet users in the country. As per the World Bank, the percentage of the population using the internet in the country was 34.4% in 2017, increased from 22.0% in 2016. Therefore, the rising internet penetration in the country further provides significant adoption of cloud services in the country.

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Moreover, the rising internet servers in China, Japan, and India are some of the major factors that propel the demand for private cloud adoption. The secured internet servers use encryption technology for internet transactions and data storage that offers a secured cloud infrastructure for enterprises and individuals. According to the world bank in 2015, there were 19.7 secure internet servers per million people in China, which further increased to 446.7 per million people in 2018. Thus, the exponential growth in the number of secured internet servers is fueling the demand for cloud migration services that contributes to the growth of the market.

Asia-Pacific Cloud Migration Market - Segmentation

By Deployment Type

• Public Cloud
• Private Cloud
• Hybrid Cloud

By Industry

• BFSI
• IT & Telecom
• Government
• Retail & Consumer Goods
• Healthcare
• Other(Manufacturing)

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Asia-Pacific Cloud Migration Market Report Segment by Region

• China
• Japan
• India
• Rest of Asia-Pacific

Company Profiles

• Amazon Web Services, Inc.
• Cisco Systems, Inc.
• Cognizant Technology Solutions Corp.
• Google LLC
• IBM Corp.
• Informatica LLC
• Microsoft Corp.
• NTT DATA, Inc.
• Oracle Corp.

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