Press Release

India Cloud Computing Market to be Dominated by North Region

The rising need for new technologies such as artificial intelligence (AI) and machine learning is expected to drive the India Cloud Computing market between 2024 and 2028.

According to TechSci Research report,
India Cloud Computing Market - By Region, Competition Forecast & Opportunities, 2018-2028F, the India Cloud Computing Market is expected to register robust growth during the forecast period, 2024-2028F, The Indian cloud computing market has a significant growth rate in the coming days. Artificial intelligence, the Internet of Things, and other technologies are having a favorable influence on the cloud computing sector. Furthermore, cloud computing provides the population with several benefits such as data breach protection, simple access to data from anywhere in the globe at any time, and decreased IT expenditures, among others, which may be attributed to the increase in demand for cloud computing in the Indian market.

Cloud computing is a technology that provides instant and on-demand access to computer resources such as data storage and processing power without the need for direct control. Cloud computing saves enterprises money since they only pay for the cloud services, they need rather than investing money on IT infrastructure and running costs. By removing the need to assemble, rack, and stack IT components, cloud computing boosts efficiency. Cloud computing enables more efficient and speedier adaptation and operation of corporate activities in changing market settings. It simplifies technology consumerization, and it has opened up hitherto unseen opportunities for creating very engaging consumer experiences. Cloud computing has influenced people's and enterprises' behavior, allowing many lines of business to work around technology rules. Cloud trends are largely influencing enterprises' investment plans, digital business decision-making processes, and vendor and technology choices. This is the primary factor driving demand for cloud computing across the country.

Browse over XX market data Figures spread through 70 Pages and an in-depth TOC on the "
India Cloud Computing Market.”

India Cloud Computing Market is divided on the basis of service, organization type, application, and end-user. Based on Service, the market is further divided into SaaS, IaaS, PaaS and BPaaS. Based on organization type, the market is further split into government, small and medium sized enterprises and large enterprises, based on application, the market is segmented into app hosting, e-mail, storage & backup, CRM, business analytics, database & content management, and others. Based on end-user, the market is divided into IT & telecom, BFSI, retail & consumer goods, healthcare and others.

Key market players in the India Cloud Computing Market

  • Tata Consultancy Services
  • Infosys Limited
  • Wipro Limited
  • Zenith InfoTech Limited
  • CipherCloud
  • Amazon Web Services
  • CtrlS Datacenters Limited
  • Clogeny Technologies Private Limited
  • Alphabet Inc.
  • Microsoft Azure

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The worldwide pandemic that has disrupted the global economy, particularly the Indian economy, is expected to have a significant impact on the Indian cloud computing business during the next five years. The country's need for cloud computing has expanded dramatically because of people doing their whole network-based job from home. Additionally, cloud computing lowers IT expenses, which could be extremely profitable for the nation throughout the COVID-19 period and is expected to continue to grow during the forecast period, 2024-2028” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

“India Cloud Computing Market by Service (SaaS, IaaS, PaaS, and BPaaS), By Organization Type (Government, Small and Medium Sized Enterprises and Large Enterprises), By Application (App Hosting, E-mail, Storage & Backup, CRM, Business Analytics, Database & Content Management and Others), By End-User (IT & Telecom, BFSI, Retail & Consumer Goods, Healthcare and Others) By Region, Competition Forecast and Opportunities, 2028” has evaluated the future growth potential of India Cloud Computing market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in India Cloud Computing market.

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