India Public Cloud Market Demands, Growth Analysis, Industry Report 2024-2032

India Public Cloud Market Overview

Base Year: 2023

Historical Years: 2018-2023

Forecast Years: 2024-2032

Market Growth Rate: 2.20% (2024-2032)

The India public cloud market is rapidly growing, driven by digital transformation, increasing adoption of cloud services, and innovative solutions. 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.

India Public Cloud Market Trends and Drivers:

The India public cloud market is experiencing rapid growth, fueled by a digital revolution across various sectors and the rising demand for cloud-based solutions aimed at enhancing operational efficiency. The COVID-19 pandemic has accelerated the need for scalable and affordable cloud services, significantly increasing reliance on digital technology.

Small and medium-sized enterprises (SMEs) are pivotal in this growth, adopting cloud technologies to streamline operations and foster business development. Government initiatives like the Digital India campaign are creating a favorable environment for cloud adoption by modernizing IT infrastructure, improving service quality, and enhancing data security.

Emerging trends include a heightened focus on security and data localization, prompting major cloud service providers to establish local data centers. Innovations in artificial intelligence (AI) and machine learning (ML) are also enhancing cloud platforms, enabling advanced data analytics and automation solutions.

Moreover, an increasing emphasis on sustainability is driving cloud companies to invest in eco-friendly data centers and promote renewable energy sources. These trends, combined with a burgeoning ecosystem of cloud-based applications and services, position the India cloud market for significant advancements in the coming years.

India Public Cloud Market Industry Segmentation:

The report has segmented the market into the following categories:

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.

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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