The Asia Pacific Cloud Native Applications Market should witness market growth of 24.0% CAGR during the forecast period (2022-2028).
Cloud native allows businesses to shift from reducing IT costs to promoting business expansion. Businesses in the everything-is-software era will succeed if they can swiftly develop and deliver apps in response to client requests. Services suffer when infrastructure fails. By utilizing a cloud's built-in features, cloud native applications are designed for resiliency. A cloud native mindset enables developers and architects to create operational systems despite minor disruptions.
Choosing a database provider, a data warehouse technology, or an on-premise messaging broker is no longer necessary. These services typically had high license fees, implementation costs, and ongoing maintenance. It is also more expensive to switch away from a vendor's technology if it is outdated or lagging in new features that the market requires. By utilizing these technologies as a service, cloud native applications avoid these issues.
In countries with an established cloud ecosystem, such as Japan, there has been a rise in demand for managed cloud or professional services. Moreover, as the Internet of Things (IoT) grows in popularity, the cloud plays a critical role in easing the development and deployment of IoT applications. To combat the data explosion, an increasing number of companies in Asia-Pacific are rebuilding their networks and deploying cloud services. In addition, the increasing reliance on cloud services, the convergence of IT applications & services, the proliferation of connected & mobile devices, and the migration of content &advertising to the internet have expanded mobile cloud usage.
The China market dominated the Asia Pacific Cloud Native Applications Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,346.2 million by 2028. The Japan market is estimated to grow a CAGR of 23.2% during (2022-2028). Additionally, The India market would display a CAGR of 24.7% during (2022-2028).
Based on Component, the market is segmented into Platform and Services. Based on Deployment Mode, the market is segmented into Public Cloud and Private Cloud. Based on Organization Size, the market is segmented into Large Enterprises and SMEs. Based on Vertical, the market is segmented into BFSI, IT & Telecom, Government & Public Sector, Manufacturing, Healthcare & Lifesciences, Retail & eCommerce and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Amazon.com, Inc., Google LLC (Alphabet, Inc.), IBM Corporation, Infosys Limited, VMware, Inc., Microsoft Corporation, Oracle Corporation, SAP SE, Citrix Systems, Inc. (Cloud Software Group, Inc.), and Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
Cloud native allows businesses to shift from reducing IT costs to promoting business expansion. Businesses in the everything-is-software era will succeed if they can swiftly develop and deliver apps in response to client requests. Services suffer when infrastructure fails. By utilizing a cloud's built-in features, cloud native applications are designed for resiliency. A cloud native mindset enables developers and architects to create operational systems despite minor disruptions.
Choosing a database provider, a data warehouse technology, or an on-premise messaging broker is no longer necessary. These services typically had high license fees, implementation costs, and ongoing maintenance. It is also more expensive to switch away from a vendor's technology if it is outdated or lagging in new features that the market requires. By utilizing these technologies as a service, cloud native applications avoid these issues.
In countries with an established cloud ecosystem, such as Japan, there has been a rise in demand for managed cloud or professional services. Moreover, as the Internet of Things (IoT) grows in popularity, the cloud plays a critical role in easing the development and deployment of IoT applications. To combat the data explosion, an increasing number of companies in Asia-Pacific are rebuilding their networks and deploying cloud services. In addition, the increasing reliance on cloud services, the convergence of IT applications & services, the proliferation of connected & mobile devices, and the migration of content &advertising to the internet have expanded mobile cloud usage.
The China market dominated the Asia Pacific Cloud Native Applications Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,346.2 million by 2028. The Japan market is estimated to grow a CAGR of 23.2% during (2022-2028). Additionally, The India market would display a CAGR of 24.7% during (2022-2028).
Based on Component, the market is segmented into Platform and Services. Based on Deployment Mode, the market is segmented into Public Cloud and Private Cloud. Based on Organization Size, the market is segmented into Large Enterprises and SMEs. Based on Vertical, the market is segmented into BFSI, IT & Telecom, Government & Public Sector, Manufacturing, Healthcare & Lifesciences, Retail & eCommerce and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Amazon.com, Inc., Google LLC (Alphabet, Inc.), IBM Corporation, Infosys Limited, VMware, Inc., Microsoft Corporation, Oracle Corporation, SAP SE, Citrix Systems, Inc. (Cloud Software Group, Inc.), and Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
Scope of the Study
By Component
- Platform
- Services
By Deployment Mode
- Public Cloud
- Private Cloud
By Organization Size
- Large Enterprises
- SMEs
By Vertical
- BFSI
- IT & Telecom
- Government & Public Sector
- Manufacturing
- Healthcare & Lifesciences
- Retail & eCommerce
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Amazon.com, Inc.
- Google LLC (Alphabet, Inc.)
- IBM Corporation
- Infosys Limited
- VMware, Inc.
- Microsoft Corporation
- Oracle Corporation
- SAP SE
- Citrix Systems, Inc. (Cloud Software Group, Inc.)
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
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- Exhaustive coverage
- The highest number of Market tables and figures
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Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 3. Competition Analysis - Global
Chapter 4. Asia Pacific Cloud Native Applications Market by Component
Chapter 5. Asia Pacific Cloud Native Applications Market by Deployment Mode
Chapter 6. Asia Pacific Cloud Native Applications Market by Organization Size
Chapter 7. Asia Pacific Cloud Native Applications Market by Vertical
Chapter 8. Asia Pacific Cloud Native Applications Market by Country
Chapter 9. Company Profiles
Companies Mentioned
- Amazon.com, Inc.
- Google LLC (Alphabet, Inc.)
- IBM Corporation
- Infosys Limited
- VMware, Inc.
- Microsoft Corporation
- Oracle Corporation
- SAP SE
- Citrix Systems, Inc. (Cloud Software Group, Inc.)
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
Methodology
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About the Cloud Native Market
Cloud Native is a term used to describe a set of technologies and practices that enable the development, deployment, and management of applications in the cloud. It is a subset of cloud computing and storage, and is focused on the use of containers, microservices, and other cloud-native technologies to build and deploy applications. Cloud Native technologies are designed to be highly scalable, resilient, and secure, and to enable rapid development and deployment of applications. Cloud Native is Read more
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