COVID-19 has accelerated the adoption of digitalization technology and services, with Asia/Pacific spending projected to have a modest growth for full year 2020, according to a report from IDC. The report estimates that total Asia/Pacific spending for public cloud will reach USD 34.51 billion in 2020, up from USD 25.98 billion in 2019. Regional spending on IaaS Private, PaaS Private, and SaaS are also expected to increase this year. 

Report authors also forecast that, with the initial temporary interruption of hardware supply chains, some of the increase on infrastructure-as-a-service IaaS spending will be short-term virtual private cloud (VPC) with hyperscalers. The increase in software-as-a-service (SaaS) spending will be driven by remote work solutions and conferencing/collaboration services.