Gartner Says Public Cloud Services in India Forecast to Reach $1.3 Billion in 2016

Posted by: at 11/18/2016 01:39:00 am


Gartner Analysts Examine Key Cloud Computing Trends during Gartner Symposium/ITxpo 2016, November 15-18, in Goa

Bangalore, India, 18th November, 2016 - 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)

2015
2016
2017
2018
2019
2020
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
Cloud Advertising
96
123
158
189
223
266
Total
957
1,301
1,790
2,398
3,126
4,055
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”.

About Gartner Symposium/ITxpo
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About Gartner
Gartner, Inc. (NYSE: IT) is the world's leading information technology research and advisory company. The company delivers the technology-related insight necessary for its clients to make the right decisions, every day. From CIOs and senior IT leaders in corporations and government agencies, to business leaders in high-tech and telecom enterprises and professional services firms, to technology investors, Gartner is the valuable partner to clients in approximately 10,000 distinct enterprises worldwide. Through the resources of Gartner Research, Gartner Executive Programs, Gartner Consulting and Gartner Events, Gartner works with every client to research, analyze and interpret the business of IT within the context of their individual role. Founded in 1979, Gartner is headquartered in Stamford, Connecticut, USA, and has 8,300 associates, including more than 1,800 research analysts and consultants, and clients in more than 90 countries. For more information, visit www.gartner.com.


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