Gartner this week put out a new report that takes a good hard look at the public cloud services market in the mature Asia/Pacific and Japan (APJ) region.
An area of intense interest for digital marketers the world over, this particular market is on pace to grow 14.2 percent in 2015 to total $7.4 billion, up from $6.5 billion in 2014, according to Gartner, Inc. Cloud management and security services.
According to the data shared with MMW, the fastest growth segment of the cloud services market in mature APJ region is expected to grow 29.9 percent in 2015 to $264.5 million.
Gartner predicts that in 2018, total public cloud services spending in the mature APJ region will rise to $11.5 billion.
“Many countries in the mature Asia/Pacific Japan region have solid reliable telecommunications infrastructure and relatively advanced technology usage profiles. Despite challenges in the global economy, we expect consistent and stable growth to continue through to 2018,” said Ed Anderson, research vice president at Gartner.
Additional info can be found in the report “Forecast: Public Cloud Services, Worldwide, 2012-2018, 4Q14 Update.”