Gartner Says Public Cloud Services in India Forecast to Reach $1.26 Billion in 2016

The public cloud services market in India is projected to grow 30.4 percent in 2016 to total $1.26 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 32.5 percent in 2016, with platform as a service (PaaS) projected to grow 31.7 percent.

"We are witnessing a shift from legacy IT services to cloud-based services. Cloud services are growing due to organizations pursuing a digital business strategy," said Sid Nag, research director at Gartner. "

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

 

2015 2016 2017 2018 2019 2020Cloud Business Process Services (BPaaS) 92.5 114.3 146.9 188.8 242.4 311.5Cloud Application Services (SaaS) 299.3 389.8 514.4 654.2 792.4 959.6Cloud Application Infrastructure Services (PaaS) 62.4 82.1 106.9 135.0 160.4 184.7Cloud System Infrastructure Services (IaaS) 338.9 448.9 615.4 839.7 1140.6 1558.0Cloud Management and Security Services 79.4 104.2 134.5 167.7 206.2 247.8Cloud Advertising 95.6 123.2 158.0 189.0 222.8 266.0Total 968.1 1262.6 1676.2 2174.3 2764.7 3527.6

Source: Gartner (March 2016)

The IaaS segment will remain the fastest-growing segment in 2016, forecast to reach $448.9 million.

"IaaS continues to be the strongest-growing segment as enterprises move away from data center build-outs and move their infrastructure needs to the public cloud," said Mr. Nag. "Certain market leaders have built a significant lead in this segment, so providers should focus on creating differentiation for success."

Cloud application Infrastructure services (PaaS) is forecast to grow 31.7 percent in 2016, to $82.1 million. This is an artifact of enterprises looking to develop and build applications in the public cloud that are cloud native, as well as non-cloud native applications that are refactored taking advantage of PaaS.

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