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 is poised for significant growth in the coming years. Emerging technologies like artificial intelligence and the Internet of Things are playing a pivotal role in shaping the cloud computing landscape. Cloud computing offers numerous advantages to users, including enhanced data security, seamless access to data from anywhere at any time, and reduced IT costs, which are contributing to its increasing demand in India.
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Cloud computing technology provides instant and on-demand access to computing resources such as data storage and processing power without the need for direct management. This cost-effective approach allows enterprises to pay only for the cloud services they use, eliminating the need for heavy investments in IT infrastructure and operational expenses. By streamlining the assembly and management of IT components, cloud computing enhances operational efficiency and agility in response to dynamic market conditions. It also facilitates the consumerization of technology, opening doors to innovative and engaging customer experiences.
Browse over XX market data Figures spread through 70 Pages and an in-depth TOC on the "India Cloud Computing Market.”
The influence of cloud computing extends across various sectors, reshaping business strategies, digital transformation initiatives, and technology adoption decisions among enterprises. This transformative impact is a key driver fueling the growing demand for cloud computing solutions nationwide.
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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