The public cloud services market in India is forecast to increase 36% this year up from $326 million in 2012. The increase in market adoption of cloud services for production systems, workloads, development, testing scenarios is said to be the reason for the growth as stated by Gartner. The growing market will provide opportunities for a lot of startups and global cloud leaders to bet in the Indian space such as British Telecom announcing its launch in India.
Software as a Service (SaaS) continues to have largest market share comprise 36% in 2012. Gartner expects a total of $4.2 billion of spending on cloud services in India, $1.6 billion of which coming for SaaS, during the period 2013 to 2017. Infrastructure as a Service (IaaS) is expected to grow by 39.6% to reach $60.2 million in 2013.
Worldwide cloud services market show the highest growth rates in emerging market of Asia/Pacific, Latin America, etc, whereas mature markets of North America, Western Europe, Japan and Asia/Pacific countries constitute the larger, but slower-growth markets. China is considered to be both a large and a high growth market.
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