Market Forecast By Service Model (Infrastructure as a Service, Platform as a Service, Software as a Service), By Infrastructure as a Service (Primary Storage, Disaster Recovery and Backup, Archiving, Computer), By Platform as a Service (Application Development and Platforms, Application Testing and Quality, Analytics and Reporting, Integration and Orchestration, Data Management), By Software as a Service (Customer Relationship Management, Enterprise Resource Management, Human Capital Management, Content Management, Collaboration and Productivity Suites, Supply Chain Management, Others), By Organization Size (Large Enterprises, SMEs), By Deployment Model (Public Cloud, Private Cloud), By Verticals (BFSI, Telecommunication, IT & ITeS, Government & Public Sector, Retail & Consumer Goods, Manufacturing, Energy & Utility, Media & Entertainment) And Competitive Landscape
Product Code: ETC4427905 | Publication Date: Jul 2023 | Updated Date: Dec 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
India Cloud Computing Market report thoroughly covers the market by Service Model, By Infrastructure as A Service, By Platform as A Service, By Software as A Service, By Organization Size, By Deployment Model, and By Verticals. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Report Name | India Cloud Computing Market |
Base Year | 2022 |
Historical Period | 2019-2022 |
Forecast Period | 2023-2029 |
Growth Rate (CAGR) | 23% |
Report Coverage | Revenues & Volume, Market Trends, Drivers & Challenges, Market Forecast, Market Share |
Segment Coverage | By Service Model, By Infrastructure As A Service, By Platform As A Service, By Software As A Service, By Organization Size, By Deployment Model, By Verticals |
Customization Scope | 100% customized reports available along with reliable data. Moreover, you can alter the segments, countries, and regions according to your needs. For further details, you can contact our research expert at sales@6wresearch.com |
Pricing and Purchase Options | Avail customization purchase option to know the exact pricing of your research needs |
Cloud computing is a technology that offers on-demand access to computing resources such as storage, processing power, and applications over the internet. In recent years, cloud computing has become a popular option in various sectors in India. The Indian government has been promoting cloud computing, making it an important part of the country's IT strategy.
According to 6Wresearch, the India Cloud Computing Market size is s projected to see a CAGR of 23% during the forecast period 2023-2029. The increasing adoption of cloud-based solutions by small and medium-sized enterprises. Cloud computing offers them easy accessibility of IT infrastructure and services, enabling them to be more agile, efficient, and cost-effective. Also, as the Indian government is promoting digitalization, cloud computing has become a priority for businesses and companies. Although the market has several challenges. The primary challenge is the lack of awareness and understanding among product developers and IT teams.
The second issue is the lack of regulatory guidelines on data privacy and protection, which may hinder adoption in sectors such as healthcare and finance. Also, internet connectivity and infrastructure in some areas in India are not yet developed enough to support cloud computing. However, The India Cloud Computing industry has grown rapidly, and there are several trends that are emerging. One of the trends is the rise of Software as a Service (SaaS) models, which are gaining traction among Indian businesses. Another trend is the increasing use of Artificial Intelligence (AI) in cloud computing, which is expected to boost growth in the future.
The Indian government has taken several policies & programmes to augment cloud computing adoption in the country. One of the initiatives is Digital India, which aims to provide internet connectivity, digital infrastructure, and digital literacy to Indian citizens. Another initiative is the MeitY Startup Hub (MSH) cloud acceleration program, which offers cloud-based infrastructure and services to startups in India. All these initiatives are supporting the growth of the India Cloud Computing industry.
There have been several key players operating in the cloud computing market in India. Some of them are Amazon Web Services (AWS) is one of the largest cloud service providers in India, followed by Microsoft, IBM, and Google. There are also several homegrown companies such as Tata Consultancy Services, Wipro, and Infosys that offer cloud computing solutions.
According to Dhaval, Research Manager, 6Wresearch, PaaS and SaaS are estimated to surge in the adoption massively owing to their ease of deployment and cost-effectiveness. As cloud computing technology continues to gain traction in India, the country is well positioned to become a global cloud computing hub.
Based on the verticals, each vertical has its own demand, making it necessary to explore and understand the dominant players better. BFSI, Telecommunication, IT & ITeS, Government & Public Sector, Retail & Consumer Goods, Manufacturing, Energy & Utility, and Media & Entertainment are all leading verticals in the Indian cloud computing market. The demand is influenced by several factors such as the increasing adoption of cloud computing as it enables businesses to optimize resources, increase agility, reduce costs, and improve service delivery.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Cloud Computing Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Cloud Computing Market Revenues & Volume, 2019 & 2029F |
3.3 India Cloud Computing Market - Industry Life Cycle |
3.4 India Cloud Computing Market - Porter's Five Forces |
3.5 India Cloud Computing Market Revenues & Volume Share, By Service Model, 2022 & 2029F |
3.6 India Cloud Computing Market Revenues & Volume Share, By Infrastructure as a Service, 2022 & 2029F |
3.7 India Cloud Computing Market Revenues & Volume Share, By Platform as a Service, 2022 & 2029F |
3.8 India Cloud Computing Market Revenues & Volume Share, By Software as a Service, 2022 & 2029F |
3.9 India Cloud Computing Market Revenues & Volume Share, By Organization Size, 2022 & 2029F |
3.10 India Cloud Computing Market Revenues & Volume Share, By Deployment Model, 2022 & 2029F |
3.11 India Cloud Computing Market Revenues & Volume Share, By Verticals, 2022 & 2029F |
4 India Cloud Computing Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Cloud Computing Market Trends |
6 India Cloud Computing Market, By Types |
6.1 India Cloud Computing Market, By Service Model |
6.1.1 Overview and Analysis |
6.1.2 India Cloud Computing Market Revenues & Volume, By Service Model, 2019 - 2029F |
6.1.3 India Cloud Computing Market Revenues & Volume, By Infrastructure as a Service, 2019 - 2029F |
6.1.4 India Cloud Computing Market Revenues & Volume, By Platform as a Service, 2019 - 2029F |
6.1.5 India Cloud Computing Market Revenues & Volume, By Software as a Service, 2019 - 2029F |
6.2 India Cloud Computing Market, By Infrastructure as a Service |
6.2.1 Overview and Analysis |
6.2.2 India Cloud Computing Market Revenues & Volume, By Primary Storage, 2019 - 2029F |
6.2.3 India Cloud Computing Market Revenues & Volume, By Disaster Recovery and Backup, 2019 - 2029F |
6.2.4 India Cloud Computing Market Revenues & Volume, By Archiving, 2019 - 2029F |
6.2.5 India Cloud Computing Market Revenues & Volume, By Computer, 2019 - 2029F |
6.3 India Cloud Computing Market, By Platform as a Service |
6.3.1 Overview and Analysis |
6.3.2 India Cloud Computing Market Revenues & Volume, By Application Development and Platforms, 2019 - 2029F |
6.3.3 India Cloud Computing Market Revenues & Volume, By Application Testing and Quality, 2019 - 2029F |
6.3.4 India Cloud Computing Market Revenues & Volume, By Analytics and Reporting, 2019 - 2029F |
6.3.5 India Cloud Computing Market Revenues & Volume, By Integration and Orchestration, 2019 - 2029F |
6.3.6 India Cloud Computing Market Revenues & Volume, By Data Management, 2019 - 2029F |
6.4 India Cloud Computing Market, By Software as a Service |
6.4.1 Overview and Analysis |
6.4.2 India Cloud Computing Market Revenues & Volume, By Customer Relationship Management, 2019 - 2029F |
6.4.3 India Cloud Computing Market Revenues & Volume, By Enterprise Resource Management, 2019 - 2029F |
6.4.4 India Cloud Computing Market Revenues & Volume, By Human Capital Management, 2019 - 2029F |
6.4.5 India Cloud Computing Market Revenues & Volume, By Content Management, 2019 - 2029F |
6.4.6 India Cloud Computing Market Revenues & Volume, By Collaboration and Productivity Suites, 2019 - 2029F |
6.4.7 India Cloud Computing Market Revenues & Volume, By Supply Chain Management, 2019 - 2029F |
6.5 India Cloud Computing Market, By Organization Size |
6.5.1 Overview and Analysis |
6.5.2 India Cloud Computing Market Revenues & Volume, By Large Enterprises, 2019 - 2029F |