AWS is witnessing robust growth in the ASEAN cloud services market, fueled by advancements in generative AI and a rapidly expanding digital landscape. Jeff Johnson, AWS ASEAN managing director, emphasized the company's commitment to security, inclusivity, and sustainability as pivotal to their strategy in the region [71510eb5]. With 61% of ASEAN's 680 million population under the age of 35, the region is experiencing a surge in internet users, adding approximately 125,000 new users daily [71510eb5].
The ASEAN region is projected to become the fourth largest economy by 2030, prompting significant investments in cloud infrastructure. AWS has announced an ambitious US$8.8 billion investment in Singapore by 2028, which follows an initial US$8.5 billion investment for the establishment of its first AWS region in Southeast Asia [71510eb5]. This investment is expected to generate an estimated GDP impact of US$17.6 billion for Singapore, showcasing the economic potential of cloud services [71510eb5].
In August 2024, AWS launched a new region in Kuala Lumpur with a US$6.2 billion investment, which is anticipated to contribute US$12.1 billion to Malaysia's GDP [71510eb5]. Furthermore, AWS plans to establish a region in Bangkok, Thailand, with a US$5 billion investment set to launch in early 2025 [71510eb5]. Additionally, a US$5 billion investment is planned for Jakarta, Indonesia, further solidifying AWS's presence in the region [71510eb5].
The AWS re:Invent 2024 conference, taking place from December 2-6, 2024, in Las Vegas, is expected to draw around 60,000 attendees, highlighting the growing interest in cloud technologies and services [71510eb5]. As the digital economy continues to evolve, AWS's strategic investments in ASEAN are likely to play a crucial role in shaping the future of cloud services in the region, aligning with the broader trends of technological advancement and economic growth [71510eb5].