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Public cloud will generate $ 326m in India this year: Gartner

Mumbai, October 7, 2012 — The public cloud services market in India is forecast to grow 32.4 percent in 2012 to total $326.2 million, while worldwide it is set generate revenue of $111 billion this year. These are the findings of a study by tech analysts Gartner.

Software as a service (SaaS) is the largest segment and is forecast to grow to $115.6 million in 2012, while infrastructure as a service (IaaS) is forecast to grow from $35.2 million in 2011 to $42.7 million in 2012.
Business process services (also known as business process as a service, or BPaaS) is the next-largest segment primarily because of the inclusion of cloud advertising as a subsegment. BPaaS is forecast to grow to $112.1 million in 2012, up from $90.3 million in 2011. By 2016, cloud compute services will become the largest single segment within the public cloud services market in India growing to $140.8 million, and accounting for about 14 percent of total public cloud services spending.
Growth in application infrastructure services (also known as platform as a service, or PaaS) will also be high, although it is a smaller market relative to the other segments. PaaS is strategic and considered to be a critical growth driver for other segments, including BPaaS and SaaS. The PaaS segment is forecast to grow to $15.7 million in 2012. Cloud management and security services constitute a new forecast segment comprising cloud security services, IT operations management (ITOM) and storage management (including backup and recovery services). The cloud management and security services segment is forecast to grow to $40.1 million in 2012.

High growth rates will occur in emerging markets, including the top three growth countries of India, Indonesia and China. However, 81 percent of spending increases will come from North America and Western Europe. For cloud services providers, this will require a strategic approach when considering both high-volume and high-growth markets. Both will be important in the development of sustained, global strategies.

Additional information is available in the report "Forecast Overview: Public Cloud Services, Worldwide, 2011-2016, 3Q12 Update" at http://www.gartner.com/resId=2173917 .

Gartner holds its annual India Symposium/ITxpo in Goa, October 10 – 12 www.gartner.com/in/symposium