News Snapshot:
Credit: Dreamstime Customer spending on infrastructure-as-a-service (IaaS) is projected to increase at a compound annual growth rate of 11.2 per cent until 2024 across Asia Pacific, resulting in regional spending nudging the $40 billion mark. According to GlobalData findings, Asia Pacific represents a “vibrant market†for IaaS adoption, triggered by growing demand for the cloud infrastructure services at enterprise level. As a result, IaaS is expected to become the fastest-growing cloud market segment during the next five years, having previously accounted for approximately 21 per cent of total cloud revenue in 2019 across Asia Pacific. Specifically, China, Japan, India, Australia...