India To Spend $3.9 Billion On Cloud Services By 2017
December 12, 2013
Grazed from CXO. Author: Editorial Staff.
Public Cloud is reaching a greater level of maturity in India. According to a new Gartner report, around $3.9 billion will be spent on cloud services in India from 2013 through 2017, of which $1.7 billion will be spent on software-as-a-service (SaaS). The overall public cloud services market in India is also set to grow 33.6% this year to touch $404 million, an increase of $101 million from the 2012 revenue of $303 million, said the research firm.
Apart from SaaS that represents the most mature segment in the cloud services marketplace, infrastructure-as-a-service (IaaS), including cloud compute, storage and print services, is also expected to grow 33.9% in 2013 to $59.2 million, said Gartner. “The public cloud services market continues robust growth in India through over the forecast period of 2011 through 2017. While SaaS dominates as the largest cloud segment, the high growth rates of IaaS and platform-as-a-service (PaaS) make them important markets to watch,” said Ed Anderson, Research Director at Gartner…
According to Gartner, cloud services in India will be strong across all cloud segments through 2017. While business-process-as-a-service (BPaaS) is expected to grow from $63.6 million in 2013 to $168 million in 2017, SaaS is expected to grow from $174 million in 2013 to $552 million in 2017. IaaS is forecast to grow from $59.2 million in 2013 to $156.3 million in 2017…
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