India public cloud market size is projected to exhibit a growth rate (CAGR) of 2.20% during 2024-2032. The growing number of businesses across the country who are increasingly recognizing the advantages of cloud computing is primarily driving the market growth.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
|
2023 |
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Growth Rate (2024-2032) | 2.20% |
The public cloud is a form of computing service provided by external vendors, where internet-based resources like servers, storage, and networking capabilities are made available. These services typically follow a pay-as-you-go pricing model, enabling businesses to adjust their infrastructure in response to demand without substantial upfront costs. Prominent public cloud platforms, such as Amazon Web Services (AWS), Google Cloud Platform (GCP), and Microsoft Azure, offer a diverse array of services, ranging from basic computing power to advanced machine learning and analytics tools. Adoption of this technology allows organizations to attain increased scalability, flexibility, and operational efficiency, freeing them to concentrate on their core business functions rather than managing intricate IT infrastructure. Nevertheless, effective use of the public cloud demands meticulous attention to security and privacy, as data is stored on shared resources beyond the direct control of the organization.
The public cloud market in India has witnessed substantial growth and transformative impact, reflecting the country's increasing reliance on advanced computing solutions and digital transformation. This model is characterized by a pay-as-you-go pricing structure, providing businesses in India with the flexibility to scale their infrastructure based on demand without significant upfront capital investment. Prominent players in the India public cloud market offer a diverse array of services, which is acting as another significant growth-inducing factor. Moreover, these services extend beyond basic computing power to encompass advanced offerings such as machine learning tools, analytics solutions, and scalable storage options. Additionally, the adoption of public cloud technology in India has empowered organizations to achieve greater scalability, operational flexibility, and efficiency, enabling them to focus on core business functions while leaving the management of IT infrastructure to external experts. Furthermore, the appeal of the public cloud in India lies in its ability to support diverse industries, from startups to large enterprises, by providing on-demand resources and minimizing the need for significant upfront investments in hardware and infrastructure. This, in turn, is expected to fuel the market growth in the coming years.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on service, enterprise size, and end use.
Service Insights:
The report has provided a detailed breakup and analysis of the market based on the service. This includes infrastructure as a service (IaaS), platform as a service (PaaS), and software as a service (SaaS).
Enterprise Size Insights:
A detailed breakup and analysis of the market based on the enterprise size have also been provided in the report. This includes large enterprises and small and medium-sized enterprises.
End Use Insights:
The report has provided a detailed breakup and analysis of the market based on the end use. This includes BFSI, IT and telecom, retail and consumer goods, manufacturing, energy and utilities, healthcare, media and entertainment, government and public sector, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, West and Central India, South India, and East and Northeast India.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
---|---|
Base Year of the Analysis | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Units | US$ Million |
Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
|
Services Covered | Infrastructure as a Service (IaaS), Platform as a Service (PaaS), Software as a Service (SaaS) |
Enterprise Sizes Covered | Large Enterprises, Small and Medium-sized Enterprises |
End Uses Covered | BFSI, IT and Telecom, Retail and Consumer Goods, Manufacturing, Energy and Utilities, Healthcare, Media and Entertainment, Government and Public Sector, Others |
Regions Covered | North India, West and Central India, South India, East and Northeast India |
Customization Scope | 10% Free Customization |
Report Price and Purchase Option | Single User License: US$ 2699 Five User License: US$ 3699 Corporate License: US$ 4699 |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |