Public cloud services revenue in India will reach $838 million by 2015-end, an increase of almost 33 per cent or $206 million over 2014 revenue of $632 million, according to a report by Gartner.
Spending on IaaS will total $104.8 million in 2015, an increase of 38 per cent over last year. Spending on cloud management, security and PaaS will both grow 35.4 per cent to $56.7 and $84.6 million, respectively during the same period.
Gartner predicts high rates of spending on cloud services in India to continue through 2018 when the market is expected to reach $1.9 billion.
“Organisations in India seeking IT outsourcing services are increasingly turning to public cloud services as an alternative to traditional ITO offerings,” said Ed Anderson, Research Vice-President at Gartner.
“In fact, cloud services are not only being used for low-value or transient workloads but also increasingly for production workloads, including some mission-critical initiatives.”
According to Gartner’s latest cloud adoption survey, 53 per cent of organisations in India indicate they are using cloud services today, with another 43 per cent indicating plans to begin using cloud services in the next 12 months.