In terms of cloud market share in the Asia Pacific region, Amazon Cloud Services AWS ranks first, Alibaba Cloud ranked second and Microsoft Cloud ranked third, based on data from the Synergy Research Group’s Q2 2020 report.
According to the report, AWS and Alibaba are the clear leaders in the Asia-Pacific cloud market, with AWS leading in four of the region’s five sub-regions, while Alibaba has a strong lead in China.
China is by far the largest cloud market in the APAC region, with Tencent and Baidu leading the Chinese cloud market alongside Alibaba. In addition, South Asia and Southeast Asia have the highest growth rate in the size of the cloud services market driven by the rapid growth of the Indian market. Besides China, Japan, India, Australia, and South Korea are the largest country markets in the Asia-Pacific region.
According to the data, cloud infrastructure services revenue in the Asia Pacific exceeded $9 billion in the second quarter and is growing at more than 40 percent annually. Public IaaS is the biggest segment in the region in terms of revenue by far, followed by public PaaS and hosted private cloud services.
Although the Asia-Pacific region does not yet account for one-third of the global market, it is growing much faster than the markets in North America, EMEA, according to the report.
Recently, Amazon Cloud Web Services (AWS), the inventor of the cloud computing model hosted its AWS Technology Summit 2020 and AWS Partner Summit 2020 on the Cloud. Where it announced that it will focus on digital transformation and innovation in digital businesses in up-stream industries and will work with hundreds of Chinese APN partners to develop and implement cloud computing solutions tailored to their needs.
Focusing on the cloud services industry with digital transformation and innovation in industries to provide joint solutions for finance, manufacturing, automotive, retail and e-commerce, healthcare and life sciences, and media. AWS also works with KPMG, Digital China, and KPMG to accelerate digital transformation and innovation in the cloud for clients in nine key industries, including education, gaming, energy, and power. At the same time, AWS also achieved a strategic collaboration with KPMG and Digital China respectively.