Cloud Infrastructure Market in India 2022-2027
Description
Cloud Infrastructure Market in India 2022-2027
Cloud infrastructure covers the essential components for cloud computing. Cloud computing involves the delivery of computing services such as servers, storage, software, databases, networking, and analytics to customers over the internet. IT, e-commerce, communication and media, telecom, manufacturing, transport, logistics, and retail are the sectors that have adopted cloud infrastructure to enhance day-to-day operations. Based on service type, the cloud infrastructure market is segmented into Infrastructure-as-a-Service (IaaS), Software-as-a-Service (SaaS), Platform-as-a Service (PaaS), Business Process-as-a-Service (BPaaS), and cloud management and security services.
Market insights:
In 2021, the global cloud infrastructure market was valued at INR 16,230.09 Bn. It is expected to reach INR 124,613.38 Bn by 2027, expanding at a compound annual growth rate (CAGR) of 24.68% during the 2022 – 2027 period. Artificial intelligence (AI) and machine learning (ML) has resulted in the growth of the cloud infrastructure market by empowering companies to tap into AI and ML capabilities. The Omni-cloud system is increasingly preferred to the multi-cloud approach owing to its multiple advantages and leading cloud computing market trends. Cloud computing can support enterprises to survive the business continuity challenges posed by work from home and other government-imposed regulations affecting the market.
COVID-19 impact analysis:
The cloud infrastructure market in India is one of the few sectors that has emerged strong amid the pandemic. The COVID-19 pandemic resulted in a shift toward remote, virtual operations, because of which the demand for secure, reliable, scalable, and cost-effective technologies services went up. This resulted in higher cloud adoption and cloud infrastructure spending. The demand for e-learning, telemedicine, and remote working picked up on account of the growing application of cloud computing during the lockdown. Some of the other sectors that have become highly reliant on cloud computing services are – banking, financial services, and insurance (BFSI), and manufacturing.
Cloud infrastructure covers the essential components for cloud computing. Cloud computing involves the delivery of computing services such as servers, storage, software, databases, networking, and analytics to customers over the internet. IT, e-commerce, communication and media, telecom, manufacturing, transport, logistics, and retail are the sectors that have adopted cloud infrastructure to enhance day-to-day operations. Based on service type, the cloud infrastructure market is segmented into Infrastructure-as-a-Service (IaaS), Software-as-a-Service (SaaS), Platform-as-a Service (PaaS), Business Process-as-a-Service (BPaaS), and cloud management and security services.
Market insights:
In 2021, the global cloud infrastructure market was valued at INR 16,230.09 Bn. It is expected to reach INR 124,613.38 Bn by 2027, expanding at a compound annual growth rate (CAGR) of 24.68% during the 2022 – 2027 period. Artificial intelligence (AI) and machine learning (ML) has resulted in the growth of the cloud infrastructure market by empowering companies to tap into AI and ML capabilities. The Omni-cloud system is increasingly preferred to the multi-cloud approach owing to its multiple advantages and leading cloud computing market trends. Cloud computing can support enterprises to survive the business continuity challenges posed by work from home and other government-imposed regulations affecting the market.
COVID-19 impact analysis:
The cloud infrastructure market in India is one of the few sectors that has emerged strong amid the pandemic. The COVID-19 pandemic resulted in a shift toward remote, virtual operations, because of which the demand for secure, reliable, scalable, and cost-effective technologies services went up. This resulted in higher cloud adoption and cloud infrastructure spending. The demand for e-learning, telemedicine, and remote working picked up on account of the growing application of cloud computing during the lockdown. Some of the other sectors that have become highly reliant on cloud computing services are – banking, financial services, and insurance (BFSI), and manufacturing.
Table of Contents
63 Pages
- Chapter 1: Executive summary
- Chapter 2: Socio-economic indicators
- Chapter 3: Introduction
- 3.1. Market definition and structure
- Chapter 4: Market overview
- 4.1. Evolution of Cloud
- 4.2. Global Cloud Infrastructure market – An overview
- 4.2.1. Market size and growth forecast based on value (2020 – 2027e)
- 4.3. Cloud Infrastructure market in India – An overview
- 4.3.1. Market size and growth forecast based on value (2020 – 2027e)
- 4.4. Cloud ecosystem in India
- Chapter 5: Market segmentation
- 5.1. Cloud infrastructure market in India – Segmentation
- 5.1.1. Cloud infrastructure – Market share based on service type (2020 and 2026e)
- 5.1.2. IaaS – Market size and growth forecast (2020 – 2027e)
- 5.1.3. SaaS – Market size and growth forecast (2020 – 2027e)
- 5.1.4. PaaS – Market size and growth forecast (2020 – 2027e)
- 5.1.5. Cloud management and security services – Market size and growth forecast (2020 – 2027e)
- 5.1.6. BPaaS – Market size and growth forecast (2020 – 2027e)
- Chapter 6: COVID-19 impact analysis
- 6.1. COVID-19 impact analysis
- Chapter 7: Market influencers
- 7.1. Market drivers
- 7.2. Market challenges
- Chapter 8: Government initiatives
- 8.1. Government initiatives
- Chapter 9: Market trends
- 9.1. Technology trends in India
- Chapter 10: Competitive landscape
- 10.1. Infosys Limited
- Company information
- Business description
- Products/Services
- Key people
- Financial snapshot
- Key business segments
- Key geographical segments
- Note: Financial information has been covered only for public companies
- 10.2. Tata Consultancy Services Limited
- 10.3. Wipro Limited
- 10.4. Rackbank Datacenters Private Limited
- 10.5. Netmagic Solutions Private Limited
- 10.6. Amazon Web Services, Inc.
- 10.7. Google India Private Limited
- 10.8. IBM India Private Limited
- 10.9. Microsoft Corporation India Private Limited
- 10.10. Oracle India Private Limited
- Chapter 11: Recent developments
- 11.1. Recent developments
- Chapter 12: Appendix
- 12.1. Research methodology
- 12.2. About Netscribes
- 12.3. Disclaimer
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