DUBLIN, April 2, 2015 /PRNewswire/ --
Research and Markets(http://www.researchandmarkets.com/research/xnt465/india_cloud) has announced the addition of the "India Cloud Computing Market Forecast and Opportunities, 2020"report to their offering.
The market for cloud computing services in India is projected to grow at a CAGR of over 22% during 2015-2020
Increased government spending on National Optical Fibre Network (NOFN) and various e-governance portals, coupled with growing acceptance of cloud services in SME segment is expected to drive the market for cloud computing. SaaS is set to top the charts as the largest cloud service segment, occupying over 40% share in the market by 2020. However, cloud services are likely to face stiff challenges pertaining to data security, vendor lock-in period and less availability of quality IT hardware infrastructure in semi-urban regions across the country.
Cloud computing has been witnessing increasing market traction within major geographies across the globe. In India, the market for cloud based data storage services is currently in growing phase due to their rising adoption in large business setups as well as small and medium size enterprises (SMEs). Cloud computing technology offers tremendous cost benefits over traditional in-house systems for data storage.
However, migrating to cloud is marred with its own set of challenges such as incompatibility with legacy systems and data security issues. However, the adoption of cloud computing services in India is gaining attraction, with increasing participation expected to be witnessed from both private as well as government sector. Furthermore, cloud vendors are increasingly devising innovative pricing modules to cater to a wider consumer segment.
India Cloud Computing Market Forecast & Opportunities, 2020 discusses the following aspects related to cloud computing services market in India:
•Growing Acceptability of Cloud
•Growing Cloud Component in Outsourcing
•Emergence of Mobile and Hybrid Cloud
•Pay-as-you-Go, Price Reductions & Cloud Consultancy Continue to Rule
•Standardization of Cloud Norms
Key Topics Covered:
1. Research Methodology
2. Analyst View
3. Cloud Computing - An Overview
4. Global Cloud Computing Services Market Overview
5. India Cloud Computing Market Outlook
6. India Public Cloud Computing Market Outlook
7. India Private Cloud Computing Market Outlook
8. India Hybrid Cloud Computing Market Outlook
9. Market Dynamics
10. Market Trends & Developments
11. Policy and Regulatory Landscape
12. India Economic Profile
13. Competitive Landscape
14. Strategic Recommendations
•Hewlett-Packard India Sales Private Limited
•Dell India Private Limited
•IBM India Private Limited
•Cisco Systems India Private Limited
•Cognizant Technology Solutions India Private Limited
•Microsoft Corporation India Private Limited
•Amazon Web Services, Inc.
•VMWare Software India Private Limited
•NetApp India Private Limited
•NTT Communications India Private Limited
For more information visit http://www.researchandmarkets.com/research/xnt465/india_cloud
Media Contact: Laura Wood , +353-1-481-1716, firstname.lastname@example.org
SOURCE Research and Markets