Public Cloud Market- India
Base Year: 2023
Historical Years: 2018-2023
Forecast Years: 2024-2032
Market Growth Rate: 2.20% (2024-2032)
The India public cloud market is expanding rapidly, driven by increasing digital transformation, demand for scalability, and cost-efficiency. 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.
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India Public Cloud Market Trends and Drivers:
- Digital Revolution: The Indian public cloud market is booming due to widespread digital transformation across sectors.
- Increased Demand Post-COVID-19: The pandemic has intensified the need for scalable and cost-effective cloud services.
- SME Adoption: Small and medium-sized businesses are increasingly adopting cloud technologies to drive growth and improve operational efficiency.
- Government Initiatives: Programs like the Digital India campaign are fostering a supportive environment for cloud adoption, aiming to modernize IT infrastructure and enhance data security.
- Data Security and Localization: Growing emphasis on security and data localization is prompting major cloud providers to establish local data centers.
- AI and ML Innovations: Advancements in artificial intelligence and machine learning are enhancing cloud platforms with capabilities for advanced data analytics and automation.
- Sustainability Focus: Cloud companies are investing in eco-friendly data centers and renewable energy sources to meet the rising demand for sustainable practices.
- Expanding Ecosystem: The growing cloud-based ecosystem of applications and services is positioning the Indian cloud market for continued growth and prominence.
India Public Cloud Market Industry Segmentation:
The market report offers a comprehensive analysis of the segments, highlighting those with the largest public cloud India market growth. It includes forecasts for the period 2024-2032 and historical data from 2018-2023 for the following segments.
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.
Ask Analyst for Customization: https://www.imarcgroup.com/request?type=report&id=21419&flag=C
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.
About Us:
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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