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CEO Weekends: Gartner Predicts That Indian Public Cloud Services Market Will Reach USD 443 Million In 2013

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Gartner Inc. predicts that the public cloud services market in India will grow by 36 percent in 2013 to total USD 443 million from USD 326 million in 2012.

Infrastructure as a service (IaaS), including cloud compute, storage and print services continues as the fastest-growing segment of the market in India. It is increasing from 22.7 percent in 2012 to USD 43.1 million, and a growth of 39.6 percent in 2013 to USD 60.2 million IS expected.

The largest segment of cloud services market in India, Software as a service (SaaS) continues to dominate as is comprises 36 percent of the 2012 market. Gartner predicts that through 2013 to 2017, USD 4.2 billion will be spent on cloud services, of which USD 1.6 billion will be sent on SaaS.

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“The continued growth of the cloud services market will result from the adoption of cloud services for production systems and workloads, in addition to the development and testing scenarios that have led as the most prominent use case for public cloud services to date,” said Ed Anderson, research director at Gartner. “Evidence of this growth is found in the increasing demand for cloud services from end-user organizations, met by an increased supply of cloud services from suppliers.”

The cloud business process services segment (BPaaS) is the second-largest market segment after SaaS, comprising 23 percent of the total market in 2012 in India, followed by SaaS at 13 percent, cloud advertising services at 12 percent, cloud management and security services at 11 percent, and cloud application infrastructure services (PaaS) at 5 percent.

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Market dynamics differ significantly when considering the cloud services market size and market growth across the different regions of the world. Generally, the emerging markets in Asia/Pacific, Latin America, Eastern Europe, the Middle East and North Africa show the highest growth rates, while representing the smallest overall markets.

China is the exception, being both a large and growing market. Likewise, the mature markets of North America, Western Europe, Japan and the mature Asia/Pacific countries constitute the larger, but slower-growth, markets.

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Caroline Vutagwa
Caroline Vutagwahttps://my.techmoran.com
Minding my own business is not enough for me that's why you will always find me minding Africa's Businesses as well as Technology and of course letting you know about it. Talk to me on [email protected]

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