Cloud Infrastructure Market
Cloud infrastructure refers to the back end components servers, network devices, Ethernet switches, and storage that supports cloud computing services. Businesses across all industries are leveraging the benefits of cloud infrastructure to enhance efficiency, Reduce server and storage costs, and incorporate flexible work practices. Based on the deployment type, public cloud holds over 66% of the total market share, in 2019. The growing adoption of new-age technologies such as Big Data, analytics, artificial intelligence AI , and the Internet of Things IoT , along with favourable government initiatives are propelling the growth of the Indian cloud infrastructure market. Government initiatives such as DigiLocker, MeghRaj, and Cloud vision for India 2022, among others, have supported the growth of the cloud infrastructure market and established India as a global hub for cloud computing, content delivery, and data communication services.
India’s cloud adoption rate is set at ~6% which is lower than the global average of ~7.9%. The cloud infrastructure market in India is estimated to expand at a compound annual growth rate CAGR of ~23.61% during the forecast period 2019-2024 and will reach a value of INR 196.46 Bn by 2024.
Key influencers of the Market:
According to a study conducted by StartupBlink global start-up ecosystem map and research center , India has moved its position at 37 in 2018 to 17 in the ‘Startup Ecosystem Ranking for 2019’. Owing to support from the government’s Startup India Initiative, availability of skilled IT personnel, and easy access to government funds, India has become a popular destination for start-ups. In the Indian cloud ecosystem, start-up companies act cloud service consumers like Ola Cabs, OYO Hotels and Homes, Bigbasket , as well as a cloud service providers such as Practo, Knowlarity Communications, and Freshdesk, among others . Hence, the increasing number of start-ups are driving cloud adoption, which as a result is driving the growth of the cloud infrastructure market.
Emerging technologies, especially IoT and AI has enabled growth in the cloud market in India. Cloud computing is the principal force that enables companies to tap into AI capabilities. Using cloud infrastructure, companies store, manage, and analyze the massive amount of data that are required for AI applications. Similarly, IoT connected devices including connected cars, and smart home appliances use cloud-based infrastructure to communicate and store information. Thus, this symbiotic relationship between IoT, AI, and cloud infrastructure is anticipated to propel the market growth.
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Over the past few years, India has been witnessing a significant increase in cybercrime and data breaches. Concern regarding managing sensitive and confidential information has restrained many enterprises to opt for cloud-based services. Consequently, data security and privacy remain the key challenge limiting the growth of the market.
Competitive insights:
India’s cloud infrastructure market is highly fragmented that is proliferated by both global players like Amazon and IBM and domestic players like Tata Consultancy Services and Wipro . Companies are expanding their target market by investing in setting up new data centers and upgrading their existing data centers in India. Moreover, owing to the importance in understanding customer requirements and ease of deployment process, the role of channel partners Cognizant, Mindtree in the cloud ecosystem is also rising.
Companies covered:
o Tata Consultancy Services Limited
o Wipro Limited
o Netmagic Solutions Private Limited
o Rackbank Datacenters Private Limited
o Amazon Web Services, Inc.
o Google India Private Limited
o IBM India Private Limited
o Microsoft Corporation India Private Limited
o Oracle India Private Limited
o VMware Software India Private Limited
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Table Of Content
Chapter 1: Executive summary
1.1. Executive summary
Chapter 2: Socio-economic Indicators
2.1. Socio-economic indicators
Chapter 3: Introduction
3.1. Market definition and structure
3.2. Evolution of cloud
3.3. Cloud ecosystem: India
Chapter 4: Market Overview
4.1. Global cloud market overview
4.1.1. Global cloud penetration
4.2. India cloud market overview
4.2.1. Historical market size
4.2.2. Forecast market size
4.3. India cloud market segmentation
4.3.1. India cloud market share based on type
4.3.2. Platform as a Service PaaS market revenue
4.3.3. Software as a Service SaaS market revenue
4.3.4. Business Process as a Service BPaaS market revenue
4.3.5. Cloud management and security services market revenue
4.3.6. Infrastructure as a Service IaaS market revenue
4.3.7. India cloud market share based on industry verticals
4.4. India cloud infrastructure market overview
4.4.1. Cloud infrastructure market: historical market size
4.4.2. Cloud infrastructure market: forecast market size
4.4.3. India cloud infrastructure market share based on deployment type
Chapter 5: Market Influencers
5.1. Market drivers
5.2. Market challenges
Chapter 6: Competitive Landscape
6.1. Tata Consultancy Services Limited
o 6.1.1. Company information
o 6.1.2. Business description
o 6.1.3. Products/services
o 6.1.4. Key people
*Similar information covered for all companies
6.2. Wipro Limited
6.3. Netmagic Solutions Private Limited
6.4. Rackbank Datacenters Private Limited
6.5. Amazon Web Services, Inc.
6.6. Google India Private Limited
6.7. IBM India Private Limited
6.8. Microsoft India Private Limited
6.9. Oracle India Private Limited
6.10. VMware Software India Private Limited
Chapter 7: Recent Developments
7.1. Recent developments
Chapter 8: Appendix
8.1. Research methodology
8.2. About Netscribes
8.3. Disclaimer
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