The Asia Pacific Cloud Sustainability Market would witness market growth of 19.4% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific Cloud Sustainability Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $7,367.7 million by 2031. The Japan market is registering a CAGR of 18.6% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 20.2% during (2024 - 2031).
As remote work and hybrid work models become more prevalent, organizations are adopting these solutions to support these flexible work arrangements. Solutions that enable efficient management of remote IT resources and promote energy savings in cloud operations align with the evolving needs of remote and hybrid workforces. These solutions are integrated with Enterprise Resource Planning (ERP) systems to streamline sustainability reporting and management. This integration allows organizations to monitor and report on their environmental impact within their existing ERP frameworks, enhancing visibility and control over sustainability performance.
The availability of customizable and tailored these solutions is driving adoption. Providers offering solutions tailored to specific industry needs and organizational requirements enable companies to address their unique sustainability challenges and integrate these solutions seamlessly into their operations. Also, organizations are adopting cloud sustainability solutions to support innovation and research and development (R&D) efforts focused on sustainability. By leveraging sustainable cloud technologies, companies can drive innovation in eco-friendly products and services, contributing to their sustainability goals and advancing their competitive edge.
The expansion of China’s IT industry drives a heightened demand for sustainable cloud infrastructure. With the growing number of data centers and IT operations, there is an increasing need for energy-efficient cloud solutions with a reduced environmental footprint to support China’s green development goals. According to the State Council of the Peoples Republic of China, China’s software and information technology services industry raked in 12.33 trillion yuan (about 1.73 trillion U.S. dollars) in business revenues in 2023, up 13.4 percent year on year, with the growth rate increasing by 2.2 percentage points compared to that in 2022. In conclusion, the rising IT industry and expansion of the data center sector are driving the market’s growth.
Free Valuable Insights: The Global Cloud Sustainability Market is Predict to reach USD 96.1 Billion by 2031, at a CAGR of 18.9%
Based on Enterprise Size, the market is segmented into Large Enterprises and Small & Medium Enterprises (SMEs). Based on Solution, the market is segmented into Energy-efficient Infrastructure, Sustainable Cloud Platforms, Green Software Solutions, and Carbon Management Solutions. Based on Service Model, the market is segmented into Infrastructure as a Service (IaaS), Platform as a Service (PaaS), Software as a Service (SaaS), and Other Service Model. Based on End Use, the market is segmented into IT & Telecom, Banking, Financial Services, & Insurance (BFSI), Manufacturing, Retail and E-commerce, Healthcare, and Other End Use. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
By Enterprise Size
By Solution
By Service Model
By End Use
By Country
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