Asia Pacific SMB cloud services market opportunity will reach US$19.8 billion in 2015, says the Parallels Asia-Pacific SMB Cloud Insights report.
The huge growth will likely be due to the fact that a majority of the SMBs across Asia-Pacific region prefer to go straight to the cloud, rather than installing in-house IT solutions. China and India with 3.3 million and 3.5 million SMBs respectively are expected to be the front-runners for cloud services in Asia Pacific.
The Infographic below summarizes the key findings of the report. However, country specific findings for Asia-Pacific are:
- Australia
Australian SMB market will reach AUD$1.5 billion in 2015, registering a growth of AUD$630 million over the next three years. - China
China, as of September 2012, represented an estimated market of ¥10.8 billion RMB. The figure will likely reach ¥24.2B RMB (US$3.8 billion) in 2015, thereby registering a 31 percent annual growth. 72% of Chinese SMBs who haven’t deployed servers yet, are likely to be major contributors of the growth. - India
Indian cloud services market will reach 36.9 billion (US$664 million) in 2015, registering 45% annual growth over 11.9 billion (US$216 million) in September 2012.
To download the complete report by Parallels, click here.