Public Cloud Services In India To Be Worth $434 Mn This Year
"We predict high demand for SaaS, IaaS and the services supporting the adoption of these key cloud offerings through our forecast period of 2011 through 2017," Anderson added.
The research firm said cloud services in India will be strong across all cloud services market segments through 2017.
"Business process as a service (BPaaS) is expected to grow from $67 million in 2013 to $180 million in 2017. SaaS is expected to grow from $176 million in 2013 to $572 million in 2017," the report said.
The Indian market has shown particularly strong growth for the past few years and is predicted to continue to be one of the fastest growing countries in Gartner's cloud forecast, it said.
"IT spending on public cloud services in India is expected to reach $1.4 billion in 2017," it added.
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