Spending on public cloud is expected to have an economic impact of $450 billion across six Asia-Pacific markets including Singapore, India, and Australia, from 2019 to 2023, if it remains on a compound annual growth trajectory of 25%. It also can enhance productivity with wider availability of online government services, driving “significant” improvement in citizen experience in these Asian economies.
Growing spend on public cloud could would not only have an economic impact on its industry users, it also fuel further business growth across the supply chain of these users as well as consumer spending, according to a study released by Google.
