Public Cloud Services in India Forecast to Reach $1.3 Billion in 2016

Public Cloud Services in India Forecast to Reach $1.3 Billion in 2016
Gartner Analysts Examine Key Cloud Computing Trends during Gartner Symposium/ITxpo 2016, November 15-18, in Goa

The public cloud services market in India is on pace to grow 35.9 percent in 2016 to total $1.3 billion, according to Gartner, Inc. The highest growth will come from cloud system infrastructure services (infrastructure as a service [IaaS]), which is projected to grow 45.5 percent in 2016, followed by platform as a service (PaaS) projected to grow 33.5 percent (see Table 1).

"The overall global public cloud market will mature, and its growth rate will slightly slow down from 17.2 percent in 2016 to a 15.2 percent increase in 2020," said Sid Nag, research director at Gartner. "While Brexit and other growth challenges exist, some segments such as financial SaaS applications and the PaaS user markets will still see strong growth through 2020."

Table 1. India Public Cloud Services Forecast (Millions of U.S. Dollars)


2015

2016

2017

2018

2019

2020

Cloud Business Process Services (BPaaS)

71

87

112

144

186

239

Cloud Application Services (SaaS)

297

395

524

671

819

1,000

Cloud Application Infrastructure Services (PaaS)

80

107

140

181

229

286

Cloud System Infrastructure Services (IaaS)

333

485

721

1,045

1,464

2,016

Cloud Management and Security Services

80

104

134

168

206

249

Cloud Advertising

96

123

158

189

223

266

Total

957

1,301

1,790

2,398

3,126

4,055

 

Source: Gartner (November 2016)

"As buyers intensify and increase IaaS activity, they will be getting more for their investment: ongoing enhancement of performance, more memory, more storage for the same money (which will drive increases in consumptions) and increased automation in traditional IT outsourcing (ITO) delivery," said Mr. Nag.

"As PaaS offerings mature and the competitive landscapes consolidates, we predict that more organizations will consider expanding their PaaS adoption as an important component to their cloud strategy, and specifically to their SaaS deployments," added Mr. Nag.

Additional information is available to Gartner clients in the Gartner report "Forecast: Public Cloud Services, Worldwide, 2014-2020, 3Q16 Update".

Nov 22, 2016 11:43

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