India Cloud Computing Report is Segmented by Deployment Model (Public, Private, Hybrid), Service Type (IaaS, Paas, Saas, Faas), Organisation Size (SMEs, Large Enterprises), Industry Vertical (BFSI, Manufacturing, Retail, Healthcare, Telecom, Government, Transportation and More), Workload (Compute, Analytics, AI/ML, Business Apps, DR, Collaboration), and Geography (North, West, South, East). Market Forecasts in Value (USD).

India Cloud Computing Market Size, Growth, By Service, By Organization Type, By Application, By End-User, By Region, Competition Forecast and Opportunities, 2028

The India Cloud Computing Market size was valued at USD 17.87 Billion in 2025 and is projected to reach USD 95.08 Billion by 2033, growing at a CAGR of 19.57% from 2025 to 2033. The growth of the market is attributed to increasing digitization and adoption of cloud-based services across various industries, and rising demand for cost-effective and scalable IT solutions. Key drivers of the market include the growing adoption of cloud-based services by SMEs, increasing investment in digital infrastructure by the government, and the rising demand for cloud-based applications in the healthcare, BFSI, and retail sectors. The market is also driven by technological advancements such as the adoption of artificial intelligence (AI) and machine learning (ML) in cloud computing solutions. However, factors such as data security and privacy concerns, and the lack of awareness about cloud computing benefits among enterprises, may hinder the growth of the market. Recent developments include: September 2024: Tata Consultancy Services (TCS) strengthened its collaboration with Google Cloud, unveiling two state-of-the-art cybersecurity solutions. These initiatives are set to fortify cyber resilience for enterprises across various sectors. The newly introduced solutions, namely TCS Managed Detection and Response (MDR) and TCS Secure Cloud Foundation, aim to bolster digital security for businesses. They achieve this by harnessing the synergistic strengths of TCS's domain knowledge and the cutting-edge technologies offered by Google Cloud.January 2024: NTT, a global leader in IT infrastructure and services, inaugurated a new data center campus in India. Located in Noida's data center corridor in the Delhi NCR region, the campus is carrier-neutral. It boasts interconnections with NTT's other data center locations, ensuring minimal latency, and provides seamless access to premier public cloud providers. Spanning six acres, the campus is designed to accommodate a planned capacity of 52.8 MW critical IT load across its two data centers.. Key drivers for this market are: Strong Government Support and Initiatives Are Promoting Cloud Adoption, Digital Transformation Across Industries. Potential restraints include: Strong Government Support and Initiatives Are Promoting Cloud Adoption, Digital Transformation Across Industries. Notable trends are: Strong Government Support and Initiatives Are Promoting Cloud Adoption.

The public cloud services market across India was forecasted to be at *****billion U.S. dollars in 2028. A public cloud uses cloud computing to make resources available for users. The services include virtual machines, applications or storage. The services could be free or subscribed. Corporate clouds offer more security due to limited users. The advantage of public cloud is the availability of service virtually through connected devices via the internet. Data on cloud services can be recovered easily in case of a loss of device or data and is usually regarded safe from cyber-attacks and hazards. Cloud service marketAcross Asia Pacific, China was dominating the cloud services spending. However, it was estimated that the compound annual growth rate in India would reach ***percent between 2023 and 2028. It could make India one of the biggest cloud service markets in Asia Pacific, along with China and Japan. Among all the segments, Platform-as-a-service (PaaS) was estimated to have the highest growth rate between 2022 and 2026 in the Asia Pacific region. Internet in India India was the second-largest online market, second only to China in 2024. With the mobile phone internet penetration estimated to reach over ***percent of the population by 2040, the access to cloud computing and services is likely to become easier and more comfortable. The approach ‘cloud first’ to ‘cloud only’ will push organizations to increase investments in the segment, to protect their digital businesses’, as digitalization of platforms also increases the exposure to cyber-attacks and risks.

The India cloud computing market is experiencing robust growth, projected to reach a substantial size by 2033. Driven by increasing digitalization across sectors like BFSI, healthcare, and e-commerce, coupled with government initiatives promoting digital infrastructure, the market exhibits a compound annual growth rate (CAGR) of 19.57% from 2019 to 2033. The market's segmentation reveals a significant contribution from large enterprises, reflecting their greater adoption of cloud-based solutions for scalability, efficiency, and cost optimization. Public cloud services (IaaS, PaaS, and SaaS) are the dominant segment, fueled by their accessibility and flexible pricing models. However, hybrid cloud deployments are also gaining traction, offering a balanced approach combining the benefits of public and private clouds. Key players like AWS, Microsoft Azure, Google Cloud, and domestic providers are actively competing to cater to the growing demand, leading to increased innovation and competitive pricing. The market's growth is further propelled by advancements in artificial intelligence (AI), machine learning (ML), and the Internet of Things (IoT), which are driving the adoption of cloud-based solutions for data analytics and automation. While data security concerns and infrastructure limitations pose challenges, the overall market outlook remains positive, with continued expansion anticipated throughout the forecast period. The robust growth is further fueled by several factors. The increasing penetration of smartphones and internet connectivity across India, particularly in rural areas, is expanding the user base for cloud services. Furthermore, the government's "Digital India" initiative is fostering a favorable regulatory environment and investing significantly in digital infrastructure, creating a fertile ground for cloud adoption. The rising awareness of cloud computing's cost-effectiveness and scalability benefits among SMEs is driving adoption across various industries. Competition amongst established global and emerging domestic players is leading to innovative service offerings and competitive pricing, further benefiting the market. While challenges such as cybersecurity concerns and the need for skilled professionals remain, the long-term growth trajectory of the India cloud computing market remains exceptionally promising. Recent developments include: September 2024: Tata Consultancy Services (TCS) strengthened its collaboration with Google Cloud, unveiling two state-of-the-art cybersecurity solutions. These initiatives are set to fortify cyber resilience for enterprises across various sectors. The newly introduced solutions, namely TCS Managed Detection and Response (MDR) and TCS Secure Cloud Foundation, aim to bolster digital security for businesses. They achieve this by harnessing the synergistic strengths of TCS's domain knowledge and the cutting-edge technologies offered by Google Cloud.January 2024: NTT, a global leader in IT infrastructure and services, inaugurated a new data center campus in India. Located in Noida's data center corridor in the Delhi NCR region, the campus is carrier-neutral. It boasts interconnections with NTT's other data center locations, ensuring minimal latency, and provides seamless access to premier public cloud providers. Spanning six acres, the campus is designed to accommodate a planned capacity of 52.8 MW critical IT load across its two data centers.. Key drivers for this market are: Strong Government Support and Initiatives Are Promoting Cloud Adoption, Digital Transformation Across Industries. Potential restraints include: Strong Government Support and Initiatives Are Promoting Cloud Adoption, Digital Transformation Across Industries. Notable trends are: Strong Government Support and Initiatives Are Promoting Cloud Adoption.

By Cloud Services:Public cloud services dominate the market, driven by their cost-effectiveness and ease of adoption across various industries. Private cloud services, favored by enterprises requiring high levels of security and control, hold a significant share as well. Hybrid cloud solutions are increasingly popular as businesses look to balance the benefits of both public and private clouds, ensuring flexibility while maintaining data security. By Service Provider:The market features a mix of global giants and local players. AWS, Microsoft Azure, and Google Cloud lead the cloud services segment due to their extensive global infrastructure, wide range of services, and strong brand presence. Local providers like Tata Communications and Sify Technologies are gaining ground by offering tailored solutions that meet local compliance requirements and cater to the specific needs of Indian enterprises. By Market Structure:The market is primarily divided into colocation data centers, managed service providers. Colocation data centers dominate the market due to their ability to provide scalable, secure, and cost-effective infrastructure for enterprises. Managed service providers hold a significant share as they offer comprehensive IT solutions, including cloud management, which are crucial for businesses looking to outsource their IT operations. Cloud service providers, particularly those offering public cloud services, are also gaining traction due to the flexibility and scalability they offer to businesses of all sizes.

The India Cloud Computing report features an extensive regional analysis, identifying market penetration levels across major geographic areas. It highlights regional growth trends and opportunities, allowing businesses to tailor their market entry strategies and maximize growth in specific regions.

Cloud Computing Market Growth | Industry Analysis, Size & Forecast Report

Dataset updated: Jun 27, 2024

Dataset authored and provided by: Mordor Intelligence

License: https://www.mordorintelligence.com/privacy-policy

Time period covered: 2019 - 2029

Area covered: Global

Variables measured: CAGR, Market size, Market share analysis, Global trends, Industry forecast

Description: The Cloud Computing Market size is estimated at USD 0.68 trillion in 2024, and is expected to reach USD 1.44 trillion by 2029, growing at a CAGR of 16.40% during the forecast period (2024-2029).

Report Attribute

Quantitative Units: Revenue in USD Billion, Volumes in Units, Pricing in USD

Regions and Countries Covered:

Industry Segmentation Covered:

By Cloud Computing: IaaS, SaaS, PaaS

By End-User: IT and Telecom, BFSI, Retail and Consumer Goods, Manufacturing, Healthcare, Media and Entertainment

Market Players Covered: Amazon Web Services, Google LLC, Microsoft Corporation, Alibaba Cloud, and Salesforce

The Cloud computing market in India has witnessed significant growth in recent years, with a CAGR of around 30%.

India cloud managed services market size reached USD 2.0 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 7.1 Billion by 2033, exhibiting a growth rate (CAGR) of 13.78% during 2025-2033. The increasing demand for cloud managed solutions, which facilitate remote access, collaboration, and data sharing, supporting the evolving nature of work, is driving the market.

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for ​2025-2033​. Our report has categorized the market based on service type, deployment model, organization size, and vertical.

The India cloud computing market size was valued at USD 18.33 Billion in 2024. The industry is expected to grow at a CAGR of 27.30% during the forecast period of 2025-2034 to reach a valuation of USD 204.85 Billion by 2034.

India cloud computing market is witnessing strong growth, driven by digital transformation across sectors, rising demand for data localization, and the rapid adoption of AI, analytics, and IoT. Enterprises are migrating workloads to public, private, and hybrid cloud environments to improve scalability, reduce costs, and enhance service delivery. For instance, Microsoft Azure, Amazon Web Services (AWS), and Google Cloud are expanding their footprints in India, with AWS reporting USD 29.3 billion in cloud revenue globally in Q1 2025, reflecting a 17% year-on-year increase, partly driven by demand in markets like India. Microsoft’s Azure also saw a 33% growth in cloud services revenue in the same period, highlighting enterprise adoption.

Government initiatives like Digital India and the expanding startup ecosystem are fueling cloud uptake, particularly among SMEs, supporting the India cloud computing market expansion. Global players such as AWS, Microsoft Azure, and Google Cloud are investing in local data centers, while Indian providers are expanding regionally. Increased 5G rollout and remote work trends are also contributing to sustained market momentum. The Personal Data Protection Bill (pending legislation as of 2025) and RBI mandates requiring financial data to be stored locally have pushed organizations to adopt cloud solutions with local data centers. This has spurred investments by global and Indian cloud providers to comply with regulations.

The India Cloud Computing Market size is valued at USD 6.5 billion in 2023, driven by market trends, revenue analysis, and player insights. Explore market segmentation, challenges, and future trends.

The India cloud computing market is estimated to reach a value of USD 19,942.01 million by 2033, exhibiting a CAGR of 17.20% during the forecast period (2023-2033). This growth can be attributed to the increasing adoption of cloud-based services by businesses of all sizes to optimize their operations and enhance their agility. Several factors are driving the market's growth, including the rising demand for data analytics, the need for cost optimization, and the increasing penetration of mobile devices and the Internet of Things (IoT). The market is segmented based on service, deployment, enterprise size, and end-use. In terms of service, IaaS is expected to hold a significant market share due to the growing demand for infrastructure resources and the flexibility offered by IaaS. Public cloud deployment is projected to witness steady growth as it provides businesses with scalability, cost-effectiveness, and access to a wide range of services. Large enterprises are anticipated to be the primary adopters of cloud computing due to their need for advanced technologies and the ability to invest in cloud solutions. BFSI, telecom, and IT are among the major end-use industries for cloud computing. Key players in the market include Tata Consultancy Services, Infosys, Wipro Limited, and Zenith InfoTech Limited. Recent developments include: In January 2023, Alibaba Cloud introduced the Apsara Developer Community, a new hub designed to assist global developers by expanding the range of developer tools and services available. It aims to support the continuous growth of the developer community while also facilitating the advancement of the digital economy across markets., In October 2023, BT and Google Cloud announced a new partnership focusing on a stronger commitment to cybersecurity innovation. As part of the agreement, BT will become a managed services delivery partner for Google's Autonomic Security Operations (ASO) offering, which is based on Google Chronicle., In June 2023, IBM bought Agyla SAS. IBM Consulting acquired Agyla SAS, a top cloud professional services provider in France, in order to expand its specialized cloud expertise for French clients. The acquisition would increase IBM's hybrid multi-cloud services portfolio while also boosting the company's hybrid cloud and Al ambitions in the region..

[105 Pages Report] India Cloud Computing Market 2020 By Private, Public, Hybrid, Market Trends, Share, Forecast & Opportunities.

Market Size for India Data Center Market on the Basis of Revenue in INR Trillion, 2018-2023 In 2023, AWS India launched a new cloud region in Hyderabad to cater to the growing demand for cloud services in South India. This initiative aims to tap into the increasing digital transformation in the country and provide a more localized service experience. Mumbai and Bangalore are key markets due to their high concentration oftechnologycompanies and robust IT infrastructure. The India data center and cloud services market reached a valuation of INR 1.5 Trillion in 2023, driven by the increasing demand for digital infrastructure, growing internet penetration, and the rapid adoption of cloud computing across various industries. The market is characterized by major players such as Tata Communications, NTT Ltd., Sify Technologies, Reliance Jio, and AWS India. These companies are recognized for their extensive data center networks, diverse service offerings, and customer-focused solutions.

Snapshot img

Cloud Computing Market Size 2025-2029

The cloud computing market size is forecast to increase by USD 600.5 billion, at a CAGR of 18.5% between 2024 and 2029.

The market is experiencing significant growth, driven by the increasing trend towards cost savings and the heightened priority placed on data security. Businesses are increasingly turning to cloud solutions to reduce IT expenses and improve operational efficiency by using AI and ML technologies. Simultaneously, the demand for private cloud deployments is surging due to concerns over data security and compliance. However, the adoption of cloud computing is not without challenges. Integration issues persist as organizations grapple with combining various cloud services and on-premises systems. These challenges necessitate a strategic approach from companies seeking to capitalize on the market's potential while effectively navigating obstacles. By focusing on seamless integration and addressing data security concerns, organizations can maximize the benefits of cloud computing and maintain a competitive edge.

What will be the Size of the Cloud Computing Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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Cloud infrastructure continues to evolve, shaping the technological landscape with its dynamic nature. Compliance and security remain paramount, with data encryption being a critical component. Nosql databases and relational databases (RDBMS) coexist, catering to diverse business needs. Cloud cost management is an ongoing concern, as organizations navigate the complexities of public, private, and hybrid cloud environments. Business continuity and disaster recovery are integral to cloud computing adoption. Agile methodologies and serverless computing facilitate swift development and deployment. Virtual machines (VMs) and containerization offer flexibility, while cloud databases power data-driven decision-making. Cloud-native applications, cloud-based monitoring, and cloud-based software development streamline operations.

Cloud computing training and certifications equip professionals with the necessary skills. API management and edge computing expand the reach of cloud services. Cloud computing solutions cater to various sectors, from data warehousing and cloud analytics to cloud gaming and cloud-based productivity suites. Cloud telephony, cloud-based support, and unified communications enhance communication capabilities. Cloud optimization and artificial intelligence (AI) drive efficiency and innovation. Cloud governance ensures compliance with regulations and best practices. Cloud storage, cloud networking, and object storage provide scalable and secure data management. Cloud collaboration tools and file storage facilitate teamwork. Cloud monitoring and data analytics platforms offer insights into operational performance.

The continuous unfolding of market activities reveals evolving patterns, with public cloud, big data analytics, and cloud-based email services gaining traction. Cloud computing consulting and cloud-based training support organizations in their digital transformation journeys. The integration of load balancers, cloud-based testing, and cloud deployment tools further enhances the versatility of cloud infrastructure. In the ever-evolving cloud landscape, cloud computing regulations and business intelligence (BI) solutions emerge to address the unique challenges of the digital age. Cloud gaming, cloud-based productivity suites, and cloud-based support services expand the reach of cloud computing, offering new opportunities for businesses and individuals alike.

The ongoing adoption of cloud computing is marked by the seamless integration of various components, including cloud cost management, virtual machines, data warehousing, and cloud-native applications. The future of cloud infrastructure lies in its ability to adapt and innovate, driven by advancements in AI, ML, and edge computing.

How is this Cloud Computing Industry segmented?

The cloud computing industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Deployment

  Public cloud
  Private cloud


Service

  SaaS
  IaaS
  PaaS


Workload

  Application Development & Testing
  Data Storage & Backup
  Resource Management
  Orchestration Services
  Others


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    UK


  Middle East and Africa

    UAE


  APAC

    China
    India
    Japan


  South America

    Brazil


  Rest of World (ROW). 

By Deployment Insights

The public cloud segment is estimated to witness significant growth durin

This statistic shows the size of the small-to-medium-sized business (SMB) cloud services market in India, in 2015 and a forecast to 2018, by segment. In 2015, the size of the Indian SMB unified communications cloud services market was expected to be worth 318 million U.S. dollars.

The global private cloud services market is set to grow, with a valuation of USD 124.6 billion in 2025, and it is going to touch USD 618.3 billion by 2035. The CAGR of 15.9% is likely during the projection period proposed.

Country-wise CAGR Analysis of the Private Cloud Services Market (2025 to 2035)

Competitive Outlook

Source: TraceData Research Analysis Future Outlook and Projections for India Data Center and Cloud Services Market on the Basis of Revenues in USD Million, 2024-2029 The India data center and cloud services market is projected to grow steadily by 2029, exhibiting a respectable CAGR during the forecast period. This growth is expected to be driven by factors such as digital transformation, increasing adoption of cloud services, and expanding internet connectivity across the country.

Snapshot img

Private Cloud Services Market Size 2025-2029

The private cloud services market size is forecast to increase by USD 385.7 billion at a CAGR of 19.6% between 2024 and 2029.

The market is witnessing significant growth, driven primarily by the increased preference for private cloud solutions due to enhanced data security. This trend is particularly prominent in the Banking, Financial Services, and Insurance (BFSI) sector, where the handling of sensitive financial data necessitates stringent security measures. However, the adoption of private cloud services is not without challenges. One of the major obstacles is the high costs associated with implementing and maintaining these services. Despite this, the market presents numerous opportunities for companies seeking to capitalize on the growing demand for secure and customizable cloud solutions. Organizations can address the cost challenge by exploring cost-effective deployment models, such as hybrid cloud, and optimizing resource utilization.
Additionally, they can leverage advanced technologies, such as automation and artificial intelligence, to streamline operations and reduce operational costs. Overall, the market is poised for growth, offering significant opportunities for companies that can effectively address the security concerns and cost challenges of their clients.

What will be the Size of the Private Cloud Services Market during the forecast period?

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The market continues to evolve, with dynamic market activities shaping its landscape. Cloud storage solutions, such as block and object storage, play a crucial role in data management for various sectors, including financial services and enterprise resource planning. Cloud automation, driven by network, storage, and server virtualization, enables continuous delivery and integration. Disaster recovery and business continuity are essential components of cloud services, ensuring uninterrupted operations for large enterprises. Cloud security is a top priority, with advanced solutions protecting against cyber threats and ensuring data privacy. Customer relationship management applications enhance business interactions, while API management streamlines integration and collaboration.
Cloud native and cloud-adjacent technologies, like machine learning and artificial intelligence, are transforming industries, from edge computing to big data analysis. Cost optimization and continuous improvement are ongoing priorities, with cost savings and efficiency gains driving adoption. Hybrid cloud solutions cater to diverse business needs, offering flexibility and scalability. Cloud orchestration and management tools facilitate seamless integration and optimization of these services. The Internet of Things and supply chain management are among the many sectors adopting cloud services for improved efficiency and innovation.

How is this Private Cloud Services Industry segmented?

The private cloud services industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Service

  IaaS
  SaaS
  PaaS


Type

  Large enterprise
  Small and medium enterprise


Vertical

  BFSI
  IT & Telecom
  Healthcare & Life Sciences
  Government & Public Sector
  Retail & Consumer Goods
  Manufacturing
  Energy & Utilities


Deployment Type

  Dedicated Private Cloud
  Virtual Private Cloud


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  APAC

    China
    India
    Japan
    South Korea


  Rest of World (ROW)

By Service Insights

The iaas segment is estimated to witness significant growth during the forecast period.

Private cloud services, a model of Infrastructure-as-a-Service (IaaS), enable businesses to access and utilize computing infrastructure, including servers, storage, network components, and data center space, over the Internet. IaaS companies offer enterprises on-demand access to a vast pool of IT equipment installed across multiple data centers worldwide. These solutions are delivered in a highly automated manner, providing benefits such as better security. In a private cloud setup, the entire infrastructure operates within corporate firewalls, ensuring enhanced security for applications and data. Moreover, private cloud services support the integration of advanced technologies like cloud automation, network virtualization, storage virtualization, server virtualization, block storage, disaster recovery, file storage, cloud security, customer relationship management, object storage, and API management.

The adoption of these technologies contributes to the maturity of cloud services, enabling enterprises to optimize costs, improve business continuity, and enhance operational efficiency. Ar