India Cloud Computing Market Size, Growth, Trends, Report 2028

Summary

Report Description

India Cloud Computing Market is anticipated to register a high CAGR during the forecast period of 2024-2028. By enabling enterprises to utilise AI capabilities, emerging technologies like artificial intelligence (AI) and machine learning encourage cloud expansion. The global economy is now being threatened by the COVID-19 epidemic.. Cloud computing may help enterprises to overcome the business continuity issues posed by lockdowns, work from home, social distance, and other market demands. However, businesses, executives, and workers are increasingly choosing remote work as a result of the epidemic. The present trend of remote work has evolved and is anticipated to last in the long run.. The market's key driving force is the high concentration and growing number of small and medium-sized enterprises in India quickly transitioning to cloud computing. Furthermore, rising investment in cloud data center development will likely drive the India cloud computing market during the forecast period.

Increased use of Big Data, AI, machine learning, and other technologies to drive the market

The growing use of machine learning and artificial intelligence is likely to propel the cloud computing business forward. Cloud computing offers traditional businesses solutions such as cloud computing, big data & analytics, data management, and other advanced features such as artificial intelligence and machine learning that help optimise business operations, resulting in lower operational costs and increased efficiency. As a result, its application has risen in a variety of industries, including healthcare, finance, transportation, manufacturing, and others, driving the growth of the cloud computing industry.

To remain competitive in today's high-tech digital environment, organizations must continually innovate and pilot new technologies in the cloud computing, as well as listen to customers and the market for signs of change. Marketing is no exception to the general business landscape's fast trend toward automated procedures and data-driven decision making in the cloud market. Thus, rapid expansion is driving the India Cloud Computing Market.

India Cloud Computing Market Challenges

Cloud computing is used by users to keep sensitive data about their company and personal activities on cloud-based systems. However, data security and privacy worries about data loss, breaches, unplanned crises, application vulnerabilities, and internet cyber-attacks are expected to stymie cloud computing's growth. While cloud services help organizations increase productivity and decrease expenses, data stored in the cloud is vulnerable to assaults. Cloud malware injection, meltdowns, account or service hijacking, and man-in-the-cloud attacks disclose enterprise data vulnerabilities, which can lead to business shutdown and losses. Cyber-attacks, on the other hand, impair business operations, restricting the expansion of the cloud computing market.

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Market Segments

The India Cloud Computing Market is segmented on the basis of service organization type application, by end-user (IT & Telecom, BFSI, retail & consumer goods, healthcare and others). Based on service, the market is further divided into SaaS, IaaS, PaaS and BPaaS. Based on organization type, the market is divided into government, small and medium sized enterprises and large enterprises. Based on application, the market is divided 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.

India Cloud Computing Market stood at USD XX Million in 2022 and is growing at a XX CAGR during the forecast period

Market Players

Major market players in the India Cloud Computing Market are Tata Consultancy Services, Infosys Limited, Alphabet Inc, Zenith InfoTech Limited, CipherCloud, CtrlS Datacenters Limited, Amazon Web Services, Clogeny Technologies Private Limited and, Microsoft Azure. To achieve good market growth, businesses that are active in the market employ organic tactics such as product launches, mergers, and partnerships.

Recent Developments

In December 2022, InstaSafe, a Bangalore-based leading cloud-based security service provider, has announced the extension of their product range across the Indian market through a partnership with ZNet Technologies, a global distributor of cloud services, IT infrastructure, and cybersecurity solutions. With this collaboration, InstaSafe will get access to a larger market in India by using ZNet's extensive partner network.

Nov 2022: Amazon Web Services (AWS) announced the opening of its second infrastructure area in India, the AWS Asia Pacific (Hyderabad) Region, on Tuesday. This second infrastructure area provides businesses with more alternatives for running workloads with improved resilience and availability, securely storing data in India, and serving end users with lower latency. Through a projected investment of more than USD 4.4 billion (roughly 36,300 crore) in India by 2030, AWS estimates that the Hyderabad area would sustain an average of more than 48,000 full-time employment.

Attribute	Details
Base Year	2022
Historic Data	2018 – 2021
Estimated Year	2023
Forecast Period	2024 – 2028
Quantitative Units	Revenue in USD Million, and CAGR for 2018-2022 and 2023-2028
Report coverage	Revenue forecast, company share, growth factors, and trends
Segments covered	Service Organization Type Application End-User
Regional scope	East India, West India, North India, South India
Key companies profiled	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
Customization scope	10% free report customization with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options	Avail customized purchase options to meet your exact research needs. Explore purchase options
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, India Cloud Computing Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

· India Cloud Computing Market, By Service:

o SaaS

o IaaS

o PaaS

o BPaaS

India Cloud Computing Market, By Organization Type:

o Government

o Small and Medium-sized Enterprises

o Large Enterprises

India Cloud Computing Market, By Applications:

o App Hosting

o E-mail

o Storage & Backup

o CRM

o Business Analytics

o Database & Content Management

o Others

India Cloud Computing Market, By End User:

o IT & Telecom

o BFSI

o Retail & Consumer Goods

o Healthcare

o Others

· India Cloud Computing Market, By Region:

o East India

o West India

o North India

o South India

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in India Cloud Computing Market,

Available Customizations:

With the given market data, Tech Sci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

India Cloud Computing Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Service Overview

2. Research Methodology

3. Impact of COVID-19 on India Cloud Computing Market

4. Executive Summary

5. Voice of Customers

5.1. Awareness of Cloud Service

5.2. Major Applications of Cloud Service

5.3. Key Benefits of Cloud Service

5.4. Key Vendor Selection Parameter

5.5. Major Challenges in Cloud Service Adoption

5.6. Key Vendor Challenges

6. India Cloud Computing Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Service (SaaS, IaaS, PaaS and BPaaS)

6.2.2. By Deployment (Public, Private and Hybrid)

6.2.3. By Organization Type (Government, Small and Medium Sized Enterprises and Large Enterprises)

6.2.4. By Application (App Hosting, E-mail, Storage & Backup, CRM, Business Analytics, Database & Content Management and Others)

6.2.5. By End-User (IT & Telecom, BFSI, Retail & Consumer Goods, Healthcare and Others)

6.2.6. By Region (North, South, West and East)

6.2.7. By Company

6.3. Market Map

7. North India Cloud Computing Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Service

7.2.2. By Deployment

7.2.3. By Organization Type

7.2.4. By Application

7.2.5. By End-User

8. South India Cloud Computing Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Service

8.2.2. By Deployment

8.2.3. By Organization Type

8.2.4. By Application

8.2.5. By End-User

9. West India Cloud Computing Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Service

9.2.2. By Deployment

9.2.3. By Organization Type

9.2.4. By Application

9.2.5. By End-User

10. East India Cloud Computing Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value

10.2. Market Share & Forecast

10.2.1. By Service

10.2.2. By Deployment

10.2.3. By Organization Type

10.2.4. By Application

10.2.5. By End-User

11. Market Dynamics

11.1. Drivers

11.1.1. Usage of cloud services has increased following COVID-19

11.1.2. increased use of Big Data, AI, machine learning, and other technologies to drive the market.

11.1.3. Growing need for emergency preparedness and recovery measures.

11.2. Challenges

11.2.1. Multi-cloud model's high level of complexity

11.2.2. Data security and privacy issues.

12. Market Trends & Developments

12.1. The Number of Small and Medium-Sized Businesses is growing.

12.2. Increasing need for individualized client experiences.

12.3. Demand for hybrid cloud services is rising.

12.4. High IoT and linked device adoption.

12.5. Increasing use of edge computing services.

13. Porter’s Five Forces

14. Technology Analysis

14.1. Artificial Intelligence

14.2. Big Data

14.3. Internet of Things

14.4. Data Analytics

14.5. Machine Learning

15. Policy & Regulatory Landscape

16. India Economic Profile

17. Company Profiles

17.1. Tata Consultancy Services

17.1.1. Business Overview

17.1.2. Key Revenue and Financials (If available)

17.1.3. Recent Developments

17.1.4. Key Personnel

17.1.5. Key Product/Services

17.2. Infosys Limited.

17.2.1. Business Overview

17.2.2. Key Revenue and Financials (If available)

17.2.3. Recent Developments

17.2.4. Key Personnel

17.2.5. Key Product/Services

17.3. Wipro Limited

17.3.1. Business Overview

17.3.2. Key Revenue and Financials (If available)

17.3.3. Recent Developments

17.3.4. Key Personnel

17.3.5. Key Product/Services

17.4. Zenith InfoTech Limited

17.4.1. Business Overview

17.4.2. Key Revenue and Financials (If available)

17.4.3. Recent Developments

17.4.4. Key Personnel

17.4.5. Key Product/Services

17.5. CipherCloud

17.5.1. Business Overview

17.5.2. Key Revenue and Financials (If available)

17.5.3. Recent Developments

17.5.4. Key Personnel

17.5.5. Key Product/Services

17.6. Amazon Web Services

17.6.1. Business Overview

17.6.2. Key Revenue and Financials (If available)

17.6.3. Recent Developments

17.6.4. Key Personnel

17.6.5. Key Product/Services

17.7. Ctrls Datacenters Limited

17.7.1. Business Overview

17.7.2. Key Revenue and Financials (If available)

17.7.3. Recent Developments

17.7.4. Key Personnel

17.7.5. Key Product/Services

17.8. Clogeny Technologies Private Limited

17.8.1. Business Overview

17.8.2. Key Revenue and Financials (If available)

17.8.3. Recent Developments

17.8.4. Key Personnel

17.8.5. Key Product/Services

17.9. Alphabet Inc

17.9.1. Business Overview

17.9.2. Key Revenue and Financials (If available)

17.9.3. Recent Developments

17.9.4. Key Personnel

17.9.5. Key Product/Services

17.10. Microsoft Azure

17.10.1. Business Overview

17.10.2. Key Revenue and Financials (If available)

17.10.3. Recent Developments

17.10.4. Key Personnel

17.10.5. Key Product/Services

18. Strategic Recommendations

18.1. Fastest Growing Market by Service

18.2. Fastest Growing Market by End-User

18.3. Dominating Market by Region

18.4. Growing Technologies

19. About Us & Disclaimer

Figures and Tables

Frequently asked questions

Which are main market players in India Cloud Computing Market?

Main players in the India Cloud Computing Market are Tata Consultancy Services, Infosys Limited, Wipro Limited, Zenith InfoTech Limited, CipherCloud, Amazon Web Services, Ctrls Datacenters Limited, Clogeny Technologies Private Limited, Alphabet Inc, and Microsoft Azure.

What is Cloud Computing?

Cloud computing is the distribution of IT resources on-demand through the Internet with pay-as-you-go pricing. Instead of purchasing, operating, and maintaining physical data centres and servers, you may use a cloud provider like Amazon Web Services to obtain technological services such as processing power, storage, and databases on an as-needed basis (AWS).

Which is the fastest growing region in the India Cloud Computing Market?

The North area is anticipated to see rapid CAGR growth between 2024 and 2028.

What are the major drivers for the India Cloud Computing Market?

Increased use of Big Data, AI, machine learning, and other technologies are expected to drive the market. Growing need for emergency preparedness and recovery measures and usage of cloud services has increased following COVID-19, which are the major factors driving the growth of India Cloud Computing market.

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Business Consultant

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Press Release

India Cloud Computing Market to be Dominated by North Region

Feb, 2023

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.

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