Gartner says public cloud services in India forecast to reach $1.3 billion in 2016
Via Gartner Newsroom
Nov 18, 2016
Goa, India, November 18, 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)
|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|
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".
Stay up to date with the latest industry developments: sign up to receive TelecomTV's top news and videos plus exclusive subscriber-only content direct to your inbox – including our daily news briefing and weekly wrap.