Asia Pacific Public Cloud Market, By Industry (USD Billion)

Year IT & TELECOMMUNICATION MANUFACTURING BFSI RETAIL HEALTHCARE GOVERNMENT AEROSPACE AND DEFENSE OTHERS
2019 $ 8.0 $ 4.2 $ 10.7 $ 5.7 $ 3.3 $ 2.1 $ 1.8 $ 6.3
2020 $ 10.3 $ 5.5 $ 13.7 $ 7.2 $ 4.3 $ 2.8 $ 2.3 $ 8.1
2021 $ 13.6 $ 7.3 $ 18.0 $ 9.3 $ 5.7 $ 3.6 $ 3.1 $ 10.7
2022 $ 17.6 $ 9.5 $ 23.1 $ 11.9 $ 7.3 $ 4.7 $ 3.9 $ 13.8
2023 $ 22.4 $ 12.2 $ 29.3 $ 15.0 $ 9.4 $ 6.0 $ 5.0 $ 17.6
2024 $ 27.5 $ 15.1 $ 35.9 $ 18.2 $ 11.6 $ 7.4 $ 6.0 $ 21.6
2025 $ 32.8 $ 18.1 $ 42.5 $ 21.4 $ 13.8 $ 8.8 $ 7.1 $ 25.7
2026 $ 38.2 $ 21.3 $ 49.4 $ 24.7 $ 16.2 $ 10.3 $ 8.2 $ 29.9
2027 $ 43.9 $ 24.8 $ 56.6 $ 28.0 $ 18.7 $ 11.8 $ 9.4 $ 34.3
2028 $ 49.9 $ 28.4 $ 64.2 $ 31.5 $ 21.4 $ 13.5 $ 10.6 $ 39.0
2029 $ 55.8 $ 32.1 $ 71.5 $ 34.8 $ 24.0 $ 15.1 $ 11.8 $ 43.7
2030 $ 61.4 $ 35.7 $ 78.5 $ 37.9 $ 26.6 $ 16.7 $ 12.9 $ 48.0
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Asia Pacific Public Cloud Market, By Industry (USD Billion)

Synopsis
The above chart is Asia Pacific Public Cloud Market, By Industry (USD Billion)

Market Dynamics

the asia pacific region has witnessed a significant growth and development in the public cloud market in recent years. the utilization of cloud computing services has become a vital part of business operations in various industries, and the asia pacific region has emerged as one of the largest markets for these services. the advent of cloud technology has revolutionized the way businesses operate, and the demand for cloud services in the region is expected to continue its upward trend. the asia pacific public cloud market has seen a huge demand across various industries such as retail, healthcare, manufacturing, bfsi, and many more. the retail sector has been one of the major contributors to the growth of the public cloud market in the region. with the increasing trend of e-commerce and digitalization, retailers are relying heavily on cloud computing services to store and manage their data, access real-time information, and improve their overall operational efficiency. moreover, the healthcare industry in asia pacific has also witnessed a significant demand for public cloud services. with the increasing volume of patient data, the adoption of cloud computing services in the healthcare sector has become essential. cloud services offer secure and cost-effective data storage solutions, enabling healthcare organizations to access and analyze vast amounts of data in real-time, leading to better patient outcomes. the manufacturing industry in asia pacific has also been a key driver in the demand for public cloud services. with the increasing adoption of industry 4.0, manufacturers are integrating cloud computing services to facilitate real-time production monitoring, supply chain management, and predictive maintenance. furthermore, the adoption of cloud services has also enabled manufacturers to scale their operations and reduce operational costs. in addition to these, the banking, financial services, and insurance industries have also been major contributors to the demand for public cloud services in the asia pacific region. the ever-increasing need for data security and compliance has led to the adoption of cloud services, allowing financial institutions to store sensitive data securely. overall, the asia pacific public cloud market has witnessed a surge in demand across various industries, and this trend is likely to continue in the coming years. with the increasing digitization and the need for efficient and cost-effective solutions, the demand for public cloud services in the region is expected to show no signs of slowing down.

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