Public cloud services revenue to grow 33% to $838 mn in 2015 in India

Public cloud services revenue in India will grow 33 percent to $838 million in 2015, said Gartner.

The growth in Indian public cloud services revenue will be driven by demand for cloud infrastructure as a service (IaaS), cloud management and security services and cloud application infrastructure platform as a service (PaaS).

IaaS spending will increased 38 percent to $104.8 million in 2015.  Cloud management/security and PaaS spending will both grow 35.4 percent to $56.7 and $84.6 million respectively.

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Spending on cloud services in India will continue through 2018 when the market is expected to reach $1.9 billion, said Gartner.

“Indian organizations seeking IT outsourcing services are increasingly turning to public cloud services as an alternative to traditional ITO offerings. Cloud services are being used for low-value or transient workloads, production workloads, including some mission-critical initiatives,” said Ed Anderson, research vice president at Gartner.

Business process as a service (BPaaS) is expected to grow from $130 million in 2014 to $351 million in 2018. SaaS is expected to grow from $246 million in 2014 to $707 million in 2018.

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