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)
|Cloud Business Process Services (BPaaS)||92.5||114.3||146.9||188.8||242.4||311.5|
|Cloud Application Services (SaaS)||299.3||389.8||514.4||654.2||792.4||959.6|
|Cloud Application Infrastructure Services (PaaS)||62.4||82.1||106.9||135.0||160.4||184.7|
|Cloud System Infrastructure Services (IaaS)||338.9||448.9||615.4||839.7||1140.6||1558.0|
|Cloud Management and Security Services||79.4||104.2||134.5||167.7||206.2||247.8|
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.
@ Technuter.com News Service