India Cloud Computing Market to be Dominated by North Region
The rising need for new technologies such as artificial
intelligence (AI) and machine learning is expected to drive the India Cloud
Computing market between 2024 and 2028.
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.
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.
Browse over XX market data Figures
spread through 70 Pages and an in-depth TOC on the "India Cloud Computing Market.”
India Cloud Computing Market is divided on the basis of service, organization type,
application, and end-user. Based on Service, the market is further divided into
SaaS, IaaS, PaaS and BPaaS. Based on organization type, the market is further
split into government, small and medium sized enterprises and large enterprises,
based on application, the market is segmented into app hosting, e-mail,
storage & backup, CRM, business analytics, database & content
management, and others. Based on end-user, the market is divided into IT & telecom, BFSI, retail
& consumer goods, healthcare and others.
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
take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in India
Cloud Computing market.
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