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

Nirvik Singh, COO Grey Group on adding colour to campaigns

Nirvik Singh, Global COO and President International of Grey Group, cultivating culture and utilising AI to enhance rather than replace human creativity

How Longi became the world’s leading solar tech manufacturer

On a mission to accelerate the adoption of sustainable energy solutions, US$30 billion Chinese tech firm Longi is not just selling solar – but using it

How Samsung’s US$5billion sustainability plan is working out

Armed with an ambitious billion-dollar strategy, Samsung is on track to achieve net zero carbon emissions company-wide by 2050 – but challenges persist

UOB: making strides in sustainability across Southeast Asia


Huawei smartwatch goes for gold with Ultimate Edition


How IKEA India plans to double business, triple headcount

Corporate Finance