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India Cloud Market Forecast, 2024–2028

Publisher IDC
Published Dec 20, 2024
Length 14 Pages
SKU # IDC19430435

Description

India Cloud Market Forecast, 2024–2028


This IDC study provides IDC forecast and spending for the India PCS market for the 2023–2028 forecast period. Forecast is provided for the three submarkets, that is, IaaS, PaaS, and SaaS, in detail. This study also offers advice to public cloud SPs on various opportunities and strategies to grow their public cloud services business. Subsequently, this study introduces in detail the drivers and inhibitors of this market and significant developments in it. "While enterprises continue to modernize IT on infrastructure-as-a-service offerings, core business applications are showing a growing trend toward SaaS models on public cloud. These offerings are further enhanced by generative AI (GenAI) technologies to improve user experience and productivity. While SaaS will drive public cloud adoption, strong growth comes from platform-as-a-service offerings, such as fully managed databases and serverless technologies for deploying pure cloud-native applications and modern data management infrastructure. In addition, the adoption of GenAI to streamline operations, improve CX, and increase innovation will also drive public cloud services growth," says Rajiv Ranjan, associate research director, IDC.

Table of Contents

14 Pages

IDC Market Forecast Figure

Executive Summary

Advice for Technology Suppliers

Market Forecast

Market Context

Drivers and Inhibitors

Drivers

Demand for Modern Cloud-Native Applications

Growing Adoption of AI and GenAI Services

Modernization of Data Platforms

Edge Services Modernization

Significant Market Developments

Changes from Prior Forecast

Market Definition

Methodology

Related Research

Pricing

Currency Rates
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