Gartner Says Indian Public Cloud Services Market Will Reach $838 Million In 2015
Analysts Explore Industry Trends at the Gartner IT Infrastructure Operations & Data Center Summit, 11 - 12 May, 2015 In Mumbai
Public cloud services revenue in India will reach $838 million by the end of 2015, an increase of almost 33 percent, or $206 million over 2014 revenue of $632 million , according to Gartner, Inc. In 2015, public cloud services revenue is driven by high rates of growth in key market segments, cloud infrastructure as a service (IaaS), cloud management and security services and cloud application infrastructure platform as a service (PaaS).
Spending on IaaS will total $104.8 million in 2015, an increase of 38 percent over last year. Spending on cloud management/security and PaaS will both grow 35.4 percent to $56.7 and $84.6 million respectively during the same period.
Gartner predicts high rates of spending on cloud services in India to continue through 2018 when the market is expected to reach $1.9 billion.
“Organizations in India seeking IT outsourcing services are increasingly turning to public cloud services as an alternative to traditional ITO offerings,” said Ed Anderson, research vice president at Gartner. “In fact, cloud services are not only being used for low-value or transient workloads but also increasingly for production workloads, including some mission-critical initiatives.”
According to Gartner’s latest cloud adoption survey, 53 percent of organizations in India indicate they are using cloud services today, with another 43 percent indicating plans to begin using cloud services in the next 12 months.
“Business process as a service (BPaaS) is expected to grow from $130 million in 2014 to $351 million in 2018. SaaS is expected to grow from $246 million in 2014 to $707 million in 2018,” said Fred Ng, senior research analyst at Gartner. “The growth of cloud services varies by country and specific cloud service type. The Indian market is unique in that demand is consistently high for all types of cloud services.”
Additional information is available in the report “Forecast: Public Cloud Services, Worldwide, 2012-2018, 4Q14 Update.” The report is available on Gartner’s website at http://www.gartner.com/document/2953118.
Gartner analysts will examine key trends at the Gartner IT Infrastructure Operations & Data Center Summit, 11 - 12 May, 2015 in Mumbai. For further information about the Summit in Mumbai, please visit http://www.gartner.com/technology/summits/apac/data-center-india/ .
Information from the Gartner Data Center, Infrastructure & Operations Management Summit 2014 events will also be shared on Twitter at http://twitter.com/Gartner_inc using #GartnerDC. Members of the media can register for the by contacting firstname.lastname@example.org
About the Gartner Data Center, Infrastructure & Operations Management Summit 2014
At the Summit, Gartner analysts will explain how IT leaders must act quickly to take charge and lead data center transformation — or risk being left behind. The Summit will provide actionable strategies to help decision-makers balance the need to deliver reliable IT services with the need to drive digital innovation in their businesses.About Gartner
Gartner, Inc. (NYSE: IT) is the world’s leading information technology research and advisory company. We deliver the technology-related insight necessary for our 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, we are the valuable partner to clients in over 9,000 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 6,400 associates, including more than 1,480 research analysts and consultants, and clients in 85 countries. For more information, visit www.gartner.com.
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