With growing security responsibilities on the cloud, there has also been a demand for virtualization and physical security.
The increase in infrastructure-as-a-service (IaaS) is likely to grow at a compound annual growth rate of 11.2% in the next 4 years across the Asia Pacific, touching a $40 billion mark. China, Japan, South Korea, Australia, and India are the five biggest markets for IaaS investments.
According to IDC Findings, the IaaS investment is expected to grow by 26% during the next few months with the boom in collaborative technologies. The IaaS gives the user the luxury of virtualization and the vendors are responsible for the hardware powering the infrastructure and security of the physical data.
The Asia Pacific region represents a growing market for IaaS adoption as per the Global Data Findings. Consequently, infrastructure-as-a-service promises of tremendous growth in the next 5 years, with a previous track of 21% of the total revenue in the region last year.
With long-term perspectives, Asia-Pacific countries are relooking their cloud strategies along with allocation of IT budgets.