Overview of Third-Party Managed Services Market in India for FY 2014
The overall managed services market was INR crores in FY'14 (April 2013 to March 2014). This captive managed services market contributed INR crores while the third-party managed services market contributed crores.
In FY15, the overall managed services market grew by %; the captive managed services market recorded growth of % and the third-party managed services market had % growth.
Growth is primarily garnered from large colocation orders with requirements for high-density racks from global firms entering the Indian market. The growing adoption of cloud, the transition from on-premise to hybrid-cloud models, and auxiliary services such as managed security and archival services are also influential factors.
Traditional verticals such as Banking, Financial Services, and Insurance (BFSI) government, and IT or IT-enabled Services (ITES) have contributed more towards private cloud engagements; new verticals such as media, entertainment, retail, and e-commerce have contributed towards hybrid cloud or fully-cloud models.
About this report
Colocation and cloud services have shifted the enterprise data center landscape from a capital expenditure model to an operational expenditure model. This has given rise to many new local pure-play cloud providers and global organizations expanding their presence in India. New technologies such as Big Data, and open compute and software-defined data centers encompass the portfolio of every service provider. This report presents an overview of the third-party managed services market in India from FY 2014 to FY 2020. It analyses the trends, drivers, and restraints in the market and also presents revenue forecasts for the time period.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook