India: end-user spending on public cloud to grow 29% in 2021

By Georgia Wilson
Latest Gartner insights indicates that end-user spending on public cloud will increase by 29% in India in 2021...

During the Gartner IT Symposium/Xpo 2020 India, analysts discussed the opportunities for public cloud in India. At the event, it was forecasted that end-user spending on public cloud services in INdia will increase to US$4.1bn in 2021 - an increase of 29.4% from 2020.

“The onset of the COVID-19 pandemic was the starting point of the Cloud 2.0 era. Indian enterprises were not ready for the large scale of remote work. However, public cloud delivered on its promise of scalability, cost efficiency and business resilience for Indian enterprises during this critical time in 2020. As digitalisation efforts further evolve in the country, public cloud will become a must have technology for Indian enterprises,” commented Sid Nag, research vice president at Gartner.

In 2021, it is expected that spend on managed services and cloud infrastructure will equate to 8% of IT spend in India, with the low cost of entry provided by public cloud services being a big influence on CIOs to increase their spend.

While cloud application services (SaaS) is forecast to be the largest segment in the INdian market in 2021, cloud system infrastructure services (IaaS) is expected to experience the largest growth (44.6%).

“While end-user spending on cloud in India is increasing, there is a long road ahead for Indian enterprises to achieve the same market maturity as the U.S. or Europe. India-based organizations and their CIOs need to focus on the cultural shift that will make them cloud-ready and give them a competitive edge,” said Mr. Nag.

For more information on business topics in Asia Pacific, Australia and New Zealand, please take a look at the latest edition of Business Chief APAC.

Follow Business Chief on LinkedIn and Twitter.


Featured Articles

How India is bucking the global dealmaking downturn

M&A deal volume and value reach record highs in India in 2022, despite slower dealmaking globally – as scope activity and acquisitions in renewables surge

Create C-suite space for the Chief Transformation Officer

Responsible for driving growth and change, the Chief Transformation Officer is the latest addition to the C-suite as business undergoes major change

12 AI predictions for the enterprise in 2023 – Dataiku

With 2023 likely to be a huge year for AI, experts from AI platform provider Dataiku deliver their enterprise AI and ML trends for the year ahead

Welcome to the new breed of private members' clubs

Leadership & Strategy

Welcome to the New Age of the CISO

Leadership & Strategy

Making the UAE the world’s strongest digital fortress