target audience: TECH SUPPLIER Publication date: Oct 2023 - Document type: Market Forecast - Doc Document number: # AP50372123
India Cloud Market Forecast, 2022–2027
This IDC study provides the IDC forecast and spending for the public cloud services market in India for the 2022–2027 forecast period. The study provides the forecast for the three submarkets within public cloud services — IaaS, PaaS, and SaaS — in detail. The study also includes advice to public cloud SPs on different opportunities to cater and strategies to follow to grow their public cloud services business. Subsequently, the study includes in detail the drivers and inhibitors of PCS in India and key significant developments in this market.
"In the post-COVID-19 pandemic world, most organizations have been investing in DX to service customers in innovative ways, introduce new products and services, and drive operational efficiency and productivity. Organizations are striving to be customer centric, making data-driven decisions and improving business agility and productivity. Cloud technologies have become the center for bringing these changes. Using cloud, organizations leverage modern IT infrastructure, deploy modern applications services, such as no-code/low-code and containers, and leverage data analytics and AI/ML technologies. Collaborative applications and internal applications, such as enterprise resource management (ERM) and customer relationship management (CRM), data management, and compute and storage services, are some of the key cloud investment areas in India," says Rajiv Ranjan, associate research director, IDC Asia/Pacific.