Double-Digit Growth in Public Cloud Expected to Continue for Fourth Consecutive Year in India
End-user spending on public cloud services in India is forecast to total $7.3 billion in 2022, an increase of 29.6% from 2021, according to a recent forecast by Gartner, Inc.
“Public cloud services adoption has accelerated since the onset of the global pandemic. The pandemic was a tipping point for Indian businesses to realize the true value of public cloud,” said Sid Nag, research vice president at Gartner. “In India, the policy infrastructure is emerging as an important contributor to public cloud growth. For example, the recently launched public cloud government initiatives Meghraj and Cloud Vision for India 2022 will prove useful for small and medium businesses or those who are in early stage of cloud adoption to benefit from this technology.”
Additionally, initiatives targeted towards building a skilled cloud workforce in partnership with private IT service providers will contribute to the government’s effort of strengthening the public cloud ecosystem in the country.
While still on the rise, Indian end-user spending on public cloud next year will be slower than the 34.6% growth forecast in 2021. Indian CIOs are expected to focus their cloud investment on cloud system infrastructure services (IaaS). This segment is forecast to total $2.4 billion in 2022, up 40% from 2021 (see Table 1). IaaS will make up 32.3% of the total investments in public cloud services in 2022.