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).

In 2024, the revenue of the public cloud services sector reached *****billion U.S. dollars, close to **** times higher than in 2019. 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 the 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 as safe from cyberattacks and hazards. The segments of public cloud services include infrastructure-as-a-service (IaaS), platform-as-a-service (PaaS), and software-as-a-service (SaaS). The COVID-19 pandemic has accelerated the process of adopting cloud services due to the demand for telecommuting and business continuity. 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 mobile phone internet penetration estimated to reach over ***percent of the population by 2040, 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.

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

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Market Size
Forecast Market Size
CAGR
Fastest Growing Segment
Largest Market
Key Players

India Cloud Computing Market Size, Share, Growth & Trends Analysis - Industry Opportunities, Market Scope & Forecast Report, 2020-2027

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 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

Study Period	2019-2029
Market Size (2024)	USD 0.68 Trillion
Market Size (2029)	USD 1.44 Trillion
CAGR (2024 - 2029)	16.40%
Fastest Growing Market	Asia Pacific
Largest Market	North America

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

Regions and Countries Covered:

North America	United States, Canada
Europe	Germany, United Kingdom, Italy, France, Russia, and Rest of Europe
Asia-Pacific	India, China, Japan, South Korea, and Rest of Asia-Pacific
Latin America	Brazil, Mexico, Argentina, and Rest of Latin America
Middle East and Africa	Brazil, Mexico, Argentina, and the Rest of Middle East and Africa

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

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. What Lies Ahead for India Data Center and Cloud Services Market?

India Cloud Computing Market centers on the development, deployment, and adoption of cloud-based services and infrastructure that allow individuals and organizations to store, manage, and process data over the internet.

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.

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Cloud Computing Market Size 2025-2029

The cloud computing market size is valued to increase by USD 600.5 billion, at a CAGR of 18.5% from 2024 to 2029. Increased inclination toward cloud computing for cost-cutting will drive the cloud computing market.

Market Insights

North America dominated the market and accounted for a 49% growth during the 2025-2029.
By Deployment - Public cloud segment was valued at USD 161.00 billion in 2023
By Service - SaaS segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 311.05 billion 
Market Future Opportunities 2024: USD 600.50 billion
CAGR from 2024 to 2029 : 18.5%

Market Summary

Cloud computing, a technology that delivers on-demand access to shared computing resources over the internet, has gained significant traction in recent years due to its potential to drive operational efficiency, reduce costs, and enhance data security. The global market for cloud computing continues to expand as businesses seek to optimize their operations and improve agility in a rapidly evolving business landscape. One of the primary drivers of this trend is the increasing recognition of the cost savings that cloud computing can offer. By eliminating the need for businesses to invest in and maintain their own IT infrastructure, they can instead pay for only the resources they use, leading to significant cost reductions. Another factor fueling the adoption of cloud computing is the growing emphasis on data security. While the public cloud model offers cost savings and flexibility, many organizations are turning to private cloud solutions to maintain greater control over their data. This approach allows businesses to reap the benefits of cloud computing while mitigating the risks associated with storing sensitive information in the cloud. However, the adoption of cloud computing is not without its challenges. One of the most significant obstacles is the complexity of integrating cloud solutions with existing IT systems. As businesses continue to adopt a hybrid approach to IT, integrating cloud services with on-premises infrastructure can be a complex and time-consuming process. Despite these challenges, the benefits of cloud computing continue to outweigh the costs, making it an essential component of modern business strategy. A real-world example of cloud computing in action can be seen in the supply chain optimization of a global manufacturing company. By implementing a cloud-based logistics management system, the company was able to streamline its supply chain operations, reducing lead times and improving inventory management. This resulted in significant cost savings and increased operational efficiency, highlighting the potential of cloud computing to transform business processes and drive growth.

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

Get Key Insights on Market Forecast (PDF) Request Free SampleThe market continues to evolve, with businesses increasingly relying on storage buckets, network security, and security groups to manage their digital operations. One significant trend is the adoption of serverless frameworks, which allow companies to focus on application development without managing compute instances. According to recent studies, container registries have experienced a 50% year-over-year growth rate, indicating a strong preference for containerized applications in the cloud. Compliance frameworks, such as HIPAA and GDPR, are driving the need for data privacy regulations and data loss prevention measures. Resource tagging and cost allocation help organizations manage their cloud expenses, while monitoring dashboards and auto scaling policies ensure optimal performance and availability. Application security, api management, and devops practices are essential for maintaining secure and efficient cloud environments. Cloud migration strategies, including application modernization and infrastructure as code, enable businesses to leverage the benefits of the cloud while minimizing disruption. Threat detection systems, incident response plans, and key management systems are crucial components of a robust cloud security posture. Service mesh technologies offer advanced traffic management and security features for microservices architectures. By embracing these cloud technologies and best practices, organizations can streamline their operations, enhance security, and achieve significant cost savings. Companies have reported a 30% reduction in processing time and a 40% decrease in IT infrastructure costs after migrating to the cloud.

Unpacking the Cloud Computing Market Landscape

In today's business landscape, cloud computing has become a strategic priority for organizations seeking cost optimization and performance enhancement. According to recent studies, over 90% of Fo

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

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Market Size
Forecast Market Size
CAGR
Fastest Growing Segment
Largest Market
Key Players

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. India Data Center Market Segmentation What are the Regulations and Initiatives which have Governed the Market:

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.

Metric	Value
Industry Size (2025E)	USD 124.6 billion
Industry Value (2035F)	USD 618.3 billion
CAGR (2025 to 2035)	15.9%

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

Country	CAGR (2025 to 2035)
USA	15.2%
UK	13.8%
France	12.5%
Germany	13.0%
Italy	11.3%
South Korea	14.0%
Japan	12.8%
China	16.5%
Australia	13.2%
New Zealand	11.9%

Competitive Outlook

Company Name	Estimated Market Share (%)
Amazon Web Services (AWS)	32%
Microsoft Azure	25%
IBM Cloud	15%
Google Cloud Platform (GCP)	10%
VMware	8%
Other Companies Combined	10%

The report covers India Data Center and Cloud Services Market Revenue, Market Growth, Industry Trends, Market Analysis, Market Companies, Industry Outlook.

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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 experiencing significant growth, driven by the increasing preference for enhanced data security. This trend is particularly notable in the BFSI sector, where the acceptance of private cloud solutions is on the rise.

Major Market Trends & Insights

North America dominated the market and contributed 51% to the growth during the forecast period.
The market is expected to grow significantly in Europe region as well over the forecast period.
Based on the Service, the IaaS segment led the market and was valued at USD 122.70 billion of the global revenue in 2023.
Based on the Type, the Large enterprise segment accounted for the largest market revenue share in 2023.

Market Size & Forecast

Market Opportunities: USD 259.64 Billion
Future Opportunities: USD 385.7 Billion
CAGR (2024-2029): 19.6%
North America: Largest market in 2023

The market continues to evolve in various sectors. However, the market also faces challenges, primarily the high costs associated with implementing and maintaining private cloud services. These costs can be attributed to the need for specialized hardware, software, and skilled personnel. As businesses continue to prioritize data security and regulatory compliance, the demand for private cloud services is expected to persist. Concurrently, addressing the cost challenge through innovative pricing models, operational efficiencies, and economies of scale will be crucial for market participants to capitalize on this opportunity.

What will be the Size of the Private Cloud Services 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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The market continues to evolve, with organizations increasingly adopting advanced technologies to optimize their IT infrastructure and enhance business agility. Service level agreements (SLAs) play a crucial role in ensuring the reliability and performance of these services. Configuration management tools help manage the complexity of private cloud environments, while serverless computing enables the deployment of applications without the need for managing infrastructure. Monitoring dashboards provide real-time insights into the health and utilization of compute resources, enabling high-availability clusters to minimize downtime. Cost optimization strategies, such as virtual desktop infrastructure and cloud storage optimization, help reduce costs and improve resource utilization.
Hybrid cloud integration allows organizations to leverage the benefits of both private and public clouds, while avoiding the challenges of virtual machine sprawl. Performance monitoring and application performance management ensure that applications run efficiently, and load balancing techniques distribute workloads evenly. Automated provisioning and microservices architecture facilitate faster deployment and scalability, while disaster recovery planning and DevOps automation ensure business continuity. Network virtualization and software-defined networking enable the creation of flexible, secure, and scalable networks. CI/CD pipelines streamline the development process, and compliance auditing ensures regulatory compliance. Capacity planning and multi-cloud management enable organizations to optimize their cloud resources and mitigate risks.
Data loss prevention and container orchestration help secure data and applications in private cloud environments. According to recent market research, the market is expected to grow by over 15% annually, driven by the increasing adoption of cloud technologies and the need for greater business agility and cost savings. For instance, a leading financial services firm reported a 20% increase in application performance and a 30% reduction in IT costs after migrating to a private cloud solution.

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 estima

The cloud service market is expected to be valued at US$ 624.8 billion in 2024. The cloud service technologies are predicted to rise at a staggering CAGR of 15.7% from 2024 to 2034. The global market is anticipated to reach US$ 2,686.06 billion by 2034.

Attributes	Key Insights
Estimated Market Size in 2024	US$ 624.8 billion
Projected Market Value in 2034	US$ 2,686.06 billion
Value-based CAGR from 2024 to 2034	15.7%

2019 to 2023 Historical Analysis vs. 2024 to 2034 Market Forecast Projections

Historical CAGR from 2019 to 2023	14.9%
Forecast CAGR from 2024 to 2034	15.7%

Country-wise Analysis

Countries	Forecast CAGRs from 2024 to 2034
The United States	12.6%
Germany	15.2%
Japan	16.9%
China	16.2%
Australia and New Zealand	19.2%

Category-wise Insights

Category	Market share in 2024
Software as a Service (SaaS)	56.1%
Public Cloud	60.4%

Report Scope

Attributes	Details
Estimated Market Size in 2024	US$ 624.8 billion
Projected Market Valuation in 2034	US$ 2,686.06 billion
Value-based CAGR 2024 to 2034	15.7%
Forecast Period	2024 to 2034
Historical Data Available for	2019 to 2023
Market Analysis	Value in US$ billion
Key Regions Covered	North America Latin America Western Europe Eastern Europe South Asia and Pacific East Asia Middle East and Africa
Key Market Segments Covered	Service Type Deployment Enterprise Size Industry Region
Key Countries Profiled	The United States Canada Brazil Mexico Germany The United Kingdom France Spain Italy Russia Poland Czech Republic Romania India Bangladesh Australia New Zealand China Japan South Korea GCC countries South Africa Israel
Key Companies Profiled	IBM Corporation Dell Technologies SAP Google Oracle Corporation Cisco System Inc. AWS Fujitsu Global Rackspace Technologies Inc. Microsoft

India Healthcare Cloud Computing Market growth is driven by digitize and prioritize data accessibility, scalability, and collaboration, cloud computing will serve as a critical enabler of future-ready healthcare delivery models.

In 2022, the investment to infrastructure-as-a-service in India has reached *********** U.S. dollars, and it was closely followed by software-as-a-service with *** billion dollars. The need to work virtually during lockdown and restricted travel possibility due to the coronavirus pandemic has led to companies and other entities to increase investments in cloud services.

India Cloud Based Quantum Computing Market was valued at USD 302.31 Million in 2025 and is expected to reach USD 949.75 Million by 2031 with a CAGR of 20.84% during the forecast period.

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Market Size	2025: USD 302.31 Million
Forecast Market Size	2031: USD 949.75 Million
CAGR	2026-2031: 20.84%
Fastest Growing Segment	Software
Largest Market	South India
Key Players	1. IBM India Pvt. Ltd. 2. Microsoft India 3. Amazon Web Services (AWS) India 4. Google India 5. Tata Consultancy Services 6. Infosys Limited 7. Qulabs 8. BosonQ Psi 9. Strangeworks India 10. Rigetti Computing