India Public Cloud Market Overview
Base Year: 2023
Historical Years: 2018-2023
Forecast Years: 2024-2032
Market Growth Rate: 2.20% (2024-2032)
The India public cloud market is growing rapidly, driven by digital transformation, increasing demand for scalable, cost-effective cloud solutions. According to the latest report by IMARC Group, the market size is projected to exhibit a growth rate (CAGR) of 2.20% during 2024-2032.
India Public Cloud Market Trends and Drivers:
The India public cloud market is experiencing rapid growth, driven by the digital transformation across various sectors and the increasing adoption of cloud-based solutions to improve operational efficiency. The COVID-19 pandemic has further amplified the demand for scalable, cost-effective cloud services.
Small and medium-sized businesses (SMEs) are key contributors to this growth, embracing cloud technologies to support their expansion and streamline operations. Government initiatives like the Digital India campaign are creating a supportive environment for cloud adoption, aimed at modernizing IT infrastructure, enhancing service quality, and bolstering data security.
Emerging trends in the Indian cloud market include heightened focus on security and data localization, prompting major cloud providers to establish local data centers. Additionally, innovations in Artificial Intelligence (AI) and Machine Learning (ML) are enhancing cloud platforms, enabling advanced data analytics and automation. The growing emphasis on sustainability is also driving investments in eco-friendly data centers and renewable energy sources. With these developments, the Indian cloud market is poised for significant expansion in the coming years.
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India Public Cloud Market Industry Segmentation:
The report has segmented the market into the following categories:
Breakup by Service:
- Infrastructure as a Service (IaaS)
- Platform as a Service (PaaS)
- Software as a Service (SaaS)
Breakup by Enterprise Size:
- Large Enterprises
- Small and Medium-sized Enterprises
Breakup by End Use:
- BFSI
- IT and Telecom
- Retail and Consumer Goods
- Manufacturing
- Energy and Utilities
- Healthcare
- Media and Entertainment
- Government and Public Sector
- Others
Breakup by Region:
- North India
- West and Central India
- South India
- East and Northeast India
Competitive Landscape:
The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.
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Key highlights of the Report:
- Market Performance (2018-2023)
- Market Outlook (2024-2032)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Strategic Recommendations
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services.
IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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