“Our upcoming second cloud region in Singapore will help meet the tremendous upsurge in demand for cloud services in South East Asia,” Garrett Ilg, president, Japan & Asia Pacific at Oracle, said in a statement.
Public cloud services market across Asia Pacific, excluding Japan, is expected to reach $153.6 billion in 2026 from $53.4 billion in 2021, growing at a compound annual growth rate of 23.5%, according to a report from IDC.