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Businesses Consider Cloud Infrastructure a Core Component of their Business and are Exploring Different Cloud Solutions and Services, Fueling Market Growth
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Cloud services have evolved to become the backbone of IT infrastructure, cutting across all segments of the industry, from large to small enterprises.Companies today are adopting different types of cloud offerings, including infrastructure hosting, SaaS offerings, productivity suites, and database hosting. They implement cloud technologies to simplify the IT infrastructure setup, improve efficiency, and shorten time to market in the dynamic and rapidly changing market. In India, all sizes of businesses are shifting from standalone and in-house-based hosting to cloud-based hosting by adopting SaaS based collaboration and productivity solutions, as well as PaaS platforms.While the demand for traditional colocation and shared/private hosting continues to exist in India due to security and data sensitivity concerns, large enterprises are using public cloud as bursting options while hosting their business-sensitive applications in a private cloud environment. This adds impetus to the adoption of hybrid cloud solutions in the country. The SMBs, on the other hand, have no legacy infrastructure in place, which makes them lean towards public cloud solutions. The demand for SaaS-based solutions is also accelerating as it reduces the CaPEx and OpEx, provides greater agility, and can integrate with other SaaS-based solutions easily.The study analyzes the cloud computing market in India in 2018 and its growth potential. To provide the readers a comprehensive understanding of the market (current and future), a well-tested step by step research methodology employing a primary and secondary research has been followed.The research defines the cloud computing market, examines the drivers and restraints, offers industry vertical analyses, and presents an overview of the horizontals adopting cloud solutions. Market sizing and forecasting for the overall and sub-segments of cloud computing (public cloud, private cloud) are estimated along with the Market Engineering measurements. Finally, it identifies the opportunities to create differentiators for cloud service providers.
Key Issues Addressed
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