target audience: TECH SUPPLIER Publication date: Sep 2023 - Document type: Market Forecast - Doc Document number: # AP50322723
Asia/Pacific (Excluding Japan) Public Cloud Services Forecast, 2023—2027
"Digital transformation (DX) continues to be a priority for organizations and the government sector as they understand the importance of transforming to cater to the fast-changing and growing needs. Multicloud and hybrid cloud adoption is on the rise as organizations look to become flexible, cost effective, and improve reliability and performance. The market is currently witnessing a trend toward greater optimization of their cloud spend in order to reduce cost while maximizing value from cloud investments," says Shouvik Nag, senior research analyst, IDC.