Asia Pacific Cloud Computing Market Size & Outlook
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Asia Pacific cloud computing market highlights
- The Asia Pacific cloud computing market generated a revenue of USD 154,285.6 million in 2024.
- The market is expected to grow at a CAGR of 22.9% from 2025 to 2030.
- In terms of segment, software as a service (saas) was the largest revenue generating service in 2024.
- Infrastructure as a Service (IaaS) is the most lucrative service segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Asia Pacific data book summary
| Market revenue in 2024 | USD 154,285.6 million |
| Market revenue in 2030 | USD 554,859.3 million |
| Growth rate | 22.9% (CAGR from 2025 to 2030) |
| Largest segment | Software as a service (saas) |
| Fastest growing segment | Infrastructure as a Service (IaaS) |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Infrastructure as a Service (IaaS), Platform as a Service (PaaS), Software as a Service (SaaS) |
| Key market players worldwide | Alibaba Group Holding Ltd ADR, Amazon.com Inc, DigitalOcean Holdings Inc, Alphabet Inc Class A, GigaCloud Technology Inc Class A, International Business Machines Corp, Microsoft Corp, Oracle Corp, Rackspace Technology Inc Ordinary Shares, Salesforce Inc, Tencent Holdings Ltd ADR, The Descartes Systems Group Inc |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 20.5% of the global cloud computing market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 554,859.3 million by 2030.
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Cloud Computing Market Scope
Cloud Computing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| GigaCloud Technology Inc Class A | View profile | 1362 | 4388 Shirley Avenue, El Monte, CA, United States, 91731 | https://www.gigacloudtech.com |
| DigitalOcean Holdings Inc | View profile | 1156 | 101 6th Avenue, New York, NY, United States, 10013 | https://www.digitalocean.com |
| Rackspace Technology Inc Ordinary Shares | View profile | 5800 | 19122 US Highway 281 North, Suite 128, San Antonio, TX, United States, 78258 | https://www.rackspace.com |
| Salesforce Inc | View profile | 72682 | 415 Mission Street, 3rd Floor, Salesforce Tower, San Francisco, CA, United States, 94105 | https://www.salesforce.com |
| Alibaba Group Holding Ltd ADR | View profile | 204891 | 1 Matheson Street, Causeway Bay, 26th Floor, Tower One, Times Square, Hong Kong, Hong Kong, | https://www.alibabagroup.com |
| The Descartes Systems Group Inc | View profile | 2175 | 120 Randall Drive, Waterloo, ON, Canada, N2V 1C6 | https://www.descartes.com |
| Alphabet Inc Class A | View profile | 180895 | 1600 Amphitheatre Parkway, Mountain View, CA, United States, 94043 | https://www.abc.xyz |
| Tencent Holdings Ltd ADR | View profile | 104787 | No. 33 Haitian 2nd Road, Tencent Binhai Towers, Nanshan District, Shenzhen, China, People's Republic of, 518054 | http://www.tencent.com |
| Microsoft Corp | View profile | 221000 | One Microsoft Way, Redmond, WA, United States, 98052-6399 | https://www.microsoft.com |
| International Business Machines Corp | View profile | 282200 | One New Orchard Road, Armonk, NY, United States, 10504 | http://www.ibm.com |
| Oracle Corp | View profile | 164000 | 2300 Oracle Way, Austin, TX, United States, 78741 | https://www.oracle.com |
| Amazon.com Inc | View profile | 1525000 | 410 Terry Avenue North, Seattle, WA, United States, 98109-5210 | https://www.amazon.com |
Asia Pacific cloud computing market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cloud computing market will help companies and investors design strategic landscapes.
Software as a service (saas) was the largest segment with a revenue share of 68.86% in 2024. Horizon Databook has segmented the Asia Pacific cloud computing market based on infrastructure as a service (iaas), platform as a service (paas), software as a service (saas) covering the revenue growth of each sub-segment from 2018 to 2030.
The region is witnessing the fastest growth in the global cloud computing market, fueled by rapid economic development, increasing internet penetration, and a growing tech-savvy population. This region presents significant market potential for cloud service providers.
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Target buyers of Asia Pacific cloud computing market databook
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Our clientele includes a mix of cloud computing market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific cloud computing market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific cloud computing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific cloud computing market size, by country, 2018-2030 (US$M)
Asia Pacific Cloud Computing Market Outlook Share, 2024 & 2030 (US$M)
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