APAC public cloud spend to hit $7.4b in 2015: Gartner

​The public cloud services market in the mature Asia-Pacific region including Japan is expected to top $7.4 billion this year, according to Gartner.

The mature Asia-Pacific market including Japan (APJ) is expected to spend $7.4 billion on public cloud services in 2015, according to new research by Gartner.

The company's latest figures suggest that the public cloud services market in the APJ region for this year will grow by approximately 14.2 percent, up from the estimated $6.5 billion spend for 2014.

The fastest-growing segments within the company's 2015 estimates for the region are cloud management and security services, which Gartner predicts will grow by 29.9 percent this year, to $264.5 million.

"Many countries in the mature Asia-Pacific Japan region have solid reliable telecommunications infrastructure and relatively advanced technology usage profiles," said Gartner research vice president Ed Anderson. "Despite challenges in the global economy, we expect consistent and stable growth to continue through to 2018."

Gartner has also forecast that total public cloud services spending in the mature APJ market could hit $11.5 billion in 2018. According to the research, business process as a service (BPaaS) cloud services will make up 9.2 percent of the overall public cloud services market in the APJ region by 2018, while platform as a service (PaaS) will represent 3 percent of the market.

Additionally, Gartner predicts that by 2018, software as a service (SaaS) will make up 21.5 percent of the public cloud services market in the region, cloud management and security services will comprise 4 percent, infrastructure as a service (IaaS) will be at 9.8 percent, and the remaining 52.5 percent will come from cloud advertising.

Cloud management and storage, along with SaaS, will be among the faster growing public cloud services during 2018, according to Gartner, as more enterprise and government users jump onto cloud services.

Trade bloc agreements such as the ASEAN Economic Integration 2015 and the Trans Pacific Partnerships are likely to drive public cloud usage as a result of increased intra-region integration in the APJ region across services and industries, the research suggests.

Gartner's latest estimates, which stem from its Forecast: Public Cloud Services, Worldwide, 2012-2018, 4Q14 Update report, follows Forrester's research in April last year that the global public cloud market is expected to reach at least $191 billion by 2020.