India Cloud Computing Market: Forecasting Opportunities and Market Trends

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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. 

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

India Cloud Computing Market, By Service:

• SaaS
• IaaS
• PaaS
• BPaaS  

India Cloud Computing Market, By Organization Type:

• Government
• Small and Medium-sized Enterprises
• Large Enterprises

India Cloud Computing Market, By Applications:

• App Hosting
• E-mail
• Storage & Backup
• CRM
• Business Analytics
• Database & Content Management
• Others

India Cloud Computing Market, By End User:

• IT & Telecom
• BFSI
• Retail & Consumer Goods
• Healthcare
• Others

India Cloud Computing Market, By Region:

• East India
• West India
• North India
• South India

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.

Key market players in the India Cloud Computing Market include: 

• 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 make sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in India's Cloud Computing market.

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