Public Cloud spending in India to touch $7.5 bn this year: Report
The end-user spending on public cloud in India is likely to
reach $7.5 billion in 2022 -- growing 29.3 per cent from 2021, a Gartner report said
on Tuesday.
Cloud system
infrastructure services (IaaS) is forecast to record the highest growth this
year (39.4 per cent), followed by cloud application
infrastructure services (PaaS).
IaaS will also be the highest spending vertical for end-users in India in 2022.
"Driven by maturation of core cloud services, the focus of
differentiation is gradually shifting to capabilities that can disrupt digital
businesses and operations in enterprises directly," said Sid Nag, research
vice president at Gartner.
"Public cloud services have become so integral that providers
are now forced to address social and political challenges, such as
sustainability and data sovereignty," he added.
Global end-user spending on public cloud services is forecast to
grow 20.4% in 2022 to total $494.7 billion, up from $410.9 billion in 2021.
In 2023, end-user spending is expected to reach nearly $600
billion.
Global IaaS is forecast to experience the highest end-user
spending growth in 2022 at 30.6 per cent, followed by desktop-as-a-service
(DaaS) at 26.6 per cent and platform-as-a-service (PaaS) at 26.1 per cent.
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