India Cloud Computing Market Growth, Size, Trends, Demand, Revenue, Share and Future Outlook
India Cloud Computing Market Size- By Service, By Deployment, By Enterprise Size, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Oct-2023 | Report ID: IACT23169 | Pages: 1 - 103 | Formats*: |
| Category : Information & Communications Technology | |||
India Cloud Computing Market Introduction and Overview
According to SPER Market Research, the India Cloud Computing Market is estimated to reach USD 35.15 billion by 2033 with a CAGR of 18.54%.
The report includes an in-depth analysis of the India Cloud Computing Market, including market size and trends, product mix, Applications, and supplier analysis. The term "cloud computing" describes the distribution of computer services, including storage, processing power, software, and more, over the internet. It removes the need for actual hardware and offers scalability, cost-efficiency, and flexibility by allowing users and organisations to access and use these resources on-demand from distant data centres. Cloud services are divided into Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS), whereas cloud deployment models include public, private, hybrid, and community clouds. By enabling easy, pay-as-you-go access to a broad range of computer capabilities, this technology has completely transformed IT.
- December 2022: A cooperation between InstaSafe, a major provider of cloud-based security services with headquarters in Bangalore, and ZNet Technologies, a world-wide distributor of cloud services, IT infrastructure, and cybersecurity solutions, has allowed InstaSafe to expand its product line across the Indian market. By utilising ZNet's broad partner network, InstaSafe will be able to access a larger market in India as a result of this partnership.
- November 2022: The AWS Asia Pacific (Hyderabad) Region, a second infrastructure area for Amazon Web Services (AWS) in India, officially opened on Tuesday. Businesses now have more options thanks to this second infrastructure region for managing workloads with increased resilience and availability, safely storing data in India, and providing end users with lower latency. AWS predicts that an investment of more than USD 4.4 billion (approximately 36,300 crore) in India by 2030 will support an average of more than 48,000 full-time jobs in the Hyderabad region.
Market Opportunities and Challenges
The market's expansion is primarily being fuelled by firms looking to become more efficient and competitive rapidly adopting digital transformation initiatives. The advantages of adopting cloud services, which enable them to store and access data, run applications, and interact online without having to invest in and manage complicated IT infrastructure, are being recognised by both businesses and individuals. The capacity to scale resources up or down as necessary, as well as flexibility and cost savings, are all provided by the cloud. More businesses are using cloud technology to stay competitive and satisfy changing customer expectations as a result of the rising demand for online services, digital transformation, and remote work solutions. This change is changing how we interact with technology and do business, which is helping India's cloud computing market to grow.
However, the potential for expansion of the Indian cloud computing business is significantly constrained by the increased danger of cyberattacks. The growth and potential of the cloud market are hampered by these threats. This pattern makes it difficult for companies and organisations to fully trust cloud services. Strong cybersecurity measures must be implemented in order to defend against these threats. Resources that could have been used to enhance and expand cloud services are now being diverted. Because of this, it is difficult for cloud computing to grow quickly and get widespread adoption. This circumstance not only restricts the advantages of cloud technology but also highlights the need for India to cooperate and fortify cyber defences.
Market Competitive Landscape
The major players in the market include: App Point, CipherCloud, Cirrologix Private Limited, Clogeny Technologies Private Limited, Ctrls Datacenters Limited, Infosys, iNube Software Solutions Pvt Ltd, Tata Consultancy Services, Wipro Limited, Zenith InfoTech Limited, Others. These businesses use a variety of tactics, such as partnerships, joint ventures, licence agreements, mergers and acquisitions, and the introduction of new products, to increase their market dominance even more.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Service, By Deployment, By Enterprise Size, By End User |
| Regions covered | Ad Dawhah, AI Khor, AI Rayyan, AI Wakrah |
| Companies Covered | App Point, CipherCloud, Cirrologix Private Limited, Clogeny Technologies Private Limited, Ctrls Datacenters Limited, Infosys, iNube Software Solutions Pvt Ltd, Tata Consultancy Services, Wipro Limited, Zenith InfoTech Limited, Others |
COVID-19 Impact on India Cloud Computing Market
The COVID-19 pandemic had a profound impact on India's cloud computing market, fundamentally altering the way both businesses and individuals engage with technology. With lockdowns and social distancing measures in place, there was a swift pivot toward remote work and online activities. Cloud computing became a lifeline, enabling businesses to swiftly adapt by providing the tools and infrastructure for remote work and ensuring business continuity. The increased demand for cloud solutions extended to education, healthcare, and e-commerce, where the technology facilitated remote learning, telehealth services, and seamless online shopping. However, this heightened reliance on the cloud also highlighted the need for robust cybersecurity measures, as data and transactions moved online, emphasizing the critical role of cloud computing in India's digital transformation while underscoring the importance of data protection and privacy.
Key Target Audience:
- Data Scientists and Analysts
- Developers and IT Professionals
- E-commerce and Online Retail
- Healthcare and Life Sciences
- IoT (Internet of Things)
- Large Enterprises
- Media and Entertainment
- Mobile App Developers
- Small and Medium-sized Enterprises (SMEs)
- Startups and Entrepreneurs
- Others
Our in-depth analysis of the India Cloud Computing Market includes the following segments:
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| By Deployment: |
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| By End User: |
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Key Topics Covered in the Report:
- India Cloud Computing Market Size (FY’2023-FY’2033)
- Overview of India Cloud Computing Market
- Segmentation of India Cloud Computing Market By Service (Infrastructure as a Service, Platform as a Service, Software as a Service)
- Segmentation of India Cloud Computing Market By Deployment (Hybrid, Private, Public)
- Segmentation of India Cloud Computing Market By Enterprise Size (Large Enterprises, Small & Medium-sized Enterprises)
- Segmentation of India Cloud Computing Market By End User (BFSI, E-Commerce, Energy & Utilities, Government & Public Sector, Healthcare, Manufacturing, Media & Entertainment, Telecom & IT, Others)
- Statistical Snap of India Cloud Computing Market
- Expansion Analysis of India Cloud Computing Market
- Problems and Obstacles in India Cloud Computing Market
- Competitive Landscape in the India Cloud Computing Market
- Impact of COVID-19 and Demonetization on India Cloud Computing Market
- Details on Current Investment in India Cloud Computing Market
- Competitive Analysis of India Cloud Computing Market
- Prominent Players in the India Cloud Computing Market
- SWOT Analysis of India Cloud Computing Market
- India Cloud Computing Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the India Cloud Computing Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. India Cloud Computing Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in India Cloud Computing Market
7. India Cloud Computing Market, By Service (USD Million)
7.1. India Cloud Computing Market Value Share and Forecast, By Service, 2023-2037.2. Infrastructure as a Service (IaaS)7.3. Platform as a Service (PaaS)7.4. Software as a Service (SaaS)
8. India Cloud Computing Market, By Deployment (USD Million)
8.1. India Cloud Computing Market Value Share and Forecast, By Deployment, 2023-20338.2. Hybrid8.3. Private8.4. Public
9. India Cloud Computing Market, By Enterprise Size (USD Million)
9.1. India Cloud Computing Market Value Share and Forecast, By Enterprise Size, 2023-20339.2. Large Enterprises9.3. Small & Medium-sized Enterprises (SMEs)
10. India Cloud Computing Market, By End User (USD Million)
10.1. India Cloud Computing Market Value Share and Forecast, By End User, 2023-203310.2. BFSI10.3. E-Commerce10.4. Energy & Utilities10.5. Government & Public Sector10.6. Healthcare10.7. Manufacturing10.8. Media & Entertainment10.9. Telecom & IT10.10. Others
11. India Cloud Computing Market Forecast, 2019-2033 (USD Million)
11.1. India Cloud Computing Market Size and Market Share
12. India Cloud Computing Market, By Service, 2019-2033 (USD Million)
12.1. India Cloud Computing Market Size and Market Share By Service (2019-2026)12.2. India Cloud Computing Market Size and Market Share By Service (2027-2033)
13. India Cloud Computing Market, By Deployment, 2019-2033 (USD Million)
13.1. India Cloud Computing Market Size and Market Share By Deployment (2019-2026)13.2. India Cloud Computing Market Size and Market Share By Deployment (2027-2033)
14. India Cloud Computing Market, By Enterprise Size, 2019-2033 (USD Million)
14.1. India Cloud Computing Market Size and Market Share By Enterprise Size (2019-2026)14.2. India Cloud Computing Market Size and Market Share By Enterprise Size (2027-2033)
15. India Cloud Computing Market, By End User, 2019-2033 (USD Million)
15.1. India Cloud Computing Market Size and Market Share By End User (2019-2026)15.2. India Cloud Computing Market Size and Market Share By End User (2027-2033)
16. India Cloud Computing Market, By Region, 2019-2033 (USD Million)
16.1. India Cloud Computing Market Size and Market Share By Region (2019-2026)16.2. India Cloud Computing Market Size and Market Share By Region (2027-2033)16.3. East India16.4. North India16.5. South India16.6. West India
17. Company Profile
17.1. App Point17.1.1. Company details17.1.2. Financial outlook17.1.3. Product summary17.1.4. Recent developments17.2. CipherCloud17.2.1. Company details17.2.2. Financial outlook17.2.3. Product summary17.2.4. Recent developments17.3. Cirrologix Private Limited17.3.1. Company details17.3.2. Financial outlook17.3.3. Product summary17.3.4. Recent developments17.4. Clogeny Technologies Private Limited17.4.1. Company details17.4.2. Financial outlook17.4.3. Product summary17.4.4. Recent developments17.5. Ctrls Datacenters Limited17.5.1. Company details17.5.2. Financial outlook17.5.3. Product summary17.5.4. Recent developments17.6. Infosys17.6.1. Company details17.6.2. Financial outlook17.6.3. Product summary17.6.4. Recent developments17.7. iNube Software Solutions Pvt Ltd17.7.1. Company details17.7.2. Financial outlook17.7.3. Product summary17.7.4. Recent developments17.8. Tata Consultancy Services17.8.1. Company details17.8.2. Financial outlook17.8.3. Product summary17.8.4. Recent developments17.9. Wipro Limited17.9.1. Company details17.9.2. Financial outlook17.9.3. Product summary17.9.4. Recent developments17.10. Zenith InfoTech Limited17.10.1. Company details17.10.2. Financial outlook17.10.3. Product summary17.10.4. Recent developments17.11. Others
18. List of Abbreviations
19. Reference Links
20. Conclusion
21. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
India Cloud Computing Market is projected to reach USD 35.15 billion by 2033, growing at a CAGR of 18.54% during the forecast period.
India Cloud Computing Market grew in market size from 2023. The Market is expected to reach USD 35.15 billion by 2033, at a CAGR of 18.54% during the forecast period.
India Cloud Computing Market CAGR of 18.54% during the forecast period.
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India Cloud Computing Market size is USD 35.15 billion from 2023 to 2033.
India Cloud Computing Market Segment is Covered By Service, By Deployment, By Enterprise Size, By End User
The Asia-Pacific region is anticipated to have the highest market share in India Cloud Computing Market.
The key players in the market include Companies Covered App Point, CipherCloud, Cirrologix Private Limited, Clogeny Technologies Private Limited, Ctrls Datacenters Limited, Infosys, iNube Software Solutions Pvt Ltd, Tata Consultancy Services, Wipro Limited, Zenith InfoTech Limited, Others
he term "cloud computing" describes the distribution of computer services, including storage, processing power, software, and more, over the internet.
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