The Asia Pacific Data Center As A Service Market would witness market growth of 28.0% CAGR during the forecast period (2022-2028).
The market's expansion is being significantly accelerated by the rising demand for co-location facilities & enterprise data storage. Also, the data centers as a service are in high demand to grow significantly over the forecast period as a consequence of the adoption of service models like IaaS, SaaS, and PaaS, as well as emerging cloud technology.
The DCaaS demand has been increasing due to factors like rising structured and unstructured data in the market due to fast-growing businesses and industries across the world. Also, the adoption of cutting-edge technologies like AI, IoT, and many others that are increasing work productivity across a variety of industries is rising. Additionally, there is an increasing investments from different sectors in the construction of data center infrastructure.
In the Asia Pacific, demand for the data center as a service is currently growing quickly. Increased digital connectivity causes a sharp increase in the amount of data consumed, generated, stored, and transferred when combined with the spread of rich media and digital solutions. Data Centers have recently assumed a more significant role in businesses in the region as a result of the increasing relevance of IoT-powered devices, smart technologies, Industry 4.0, Big Data, 5G, and cloud computing.
The China market dominated the Asia Pacific Data Center as a Service Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $21,211 million by 2028.The Japan market is estimated to grow a CAGR of 27.3% during (2022 - 2028). Additionally, The India market would experience a CAGR of 29% during (2022 - 2028).
Based on Organization Size, the market is segmented into Large Enterprises and SMEs. Based on Infrastructure, the market is segmented into Servers, Storage and Networking. Based on Vertical, the market is segmented into IT & Telecom, BFSI, Retail, Healthcare, Manufacturing and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Australia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Data Center as a Service Market is Projected to reach USD 269.7 Billion by 2028, at a CAGR of 27.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Amazon.com, Inc., IBM Corporation, Microsoft Corporation, Google LLC, Dell Technologies, Inc., Alibaba Group Holding Limited, Huawei Technologies Co. Ltd., Hewlett-Packard Enterprise Company, Cisco Systems, Inc., and Lenovo Group Limited.
By Organization Size
By Infrastructure
By Vertical
By Country
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