Gartner Says Indian Public Cloud Services Market To Reach $443 Million In 2013

The public cloud services market in India is forecast to grow 36 percent in 2013 to total $443 million, up from $326 million in 2012, according to Gartner, Inc. Infrastructure as a service (IaaS), including cloud compute, storage and print services, continues as the fastest-growing segment of the market in India, growing 22.7 percent in 2012 to $43.1 million, and it is expected to grow 39.6 percent in 2013 to $60.2 million.

Software as a service (SaaS) continues to be the largest segment of the cloud services market in India, comprising 36 percent of the total market in 2012. Gartner predicts that from 2013 through 2017, $4.2 billion will be spent on cloud services in India, $1.6 billion of which will be spent on SaaS.

“The continued growth of the cloud services market will result from the adoption of cloud services for production systems and workloads, in addition to the development and testing scenarios that have led as the most prominent use case for public cloud services to date,” said Ed Anderson, research director at Gartner. “Evidence of this growth is found in the increasing demand for cloud services from end-user organizations, met by an increased supply of cloud services from suppliers.”