Amazon (AMZN) Boosts Focus on APAC With Japan Investment Plans
From Nasdaq:
Amazon is investing $15.24 billion in Japan by 2027 to bolster its presence in the cloud computing space in the Asia-Pacific (“APAC”) region. This investment will help AWS expand its cloud infrastructure, especially in Tokyo and Osaka, to meet the growing demand for AI services in Japan.
In addition to Japan, AWS also plans to launch infrastructure in Malaysia, Melbourne, and other locations. These expansions will support job creation and capitalizes on the growth prospects in the APAC region, which is expected to see a 15.1% CAGR in the cloud market between 2023 and 2030.
Microsoft, Alphabet, and Alibaba are also investing heavily in the APAC cloud market. Microsoft’s Azure plans to open data centers in several APAC countries. Similarly, Alphabet is expanding its presence in Japan, Singapore, India, and Australia, while Alibaba has opened a new data center in Indonesia. All these companies are capitalizing on the booming cloud market in the APAC region.
As AWS, Microsoft Azure, Alphabet, and Alibaba expand their presence in the APAC region, the cloud computing market is expected to grow significantly, and these companies are taking advantage of the rising demand for cloud technology in the region. The expanding cloud market in APAC is a key focus area for these companies, and they are making significant investments to capitalize on this opportunity.
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