According to Gartner, the public cloud services market in India is expected to grow from $303 million in 2012 to $404 million at the end of 2013, a growth of 33.6 per cent.
Infrastructure as a service (IaaS), including cloud computing, storage and print services, is expected to witness a growth rate of 33.9 per cent to reach $59.2 million in 2013. The research firm forecasts that between 2013 and 2017, $3.9 billion will be spent on cloud services in India, of which $1.7 billion will be spent on software as a service (SaaS). Business Process as a Service (BPaaS) is expected to grow from $63.6 million in 2013 to $168 million in 2017. SaaS is expected to grow from $174 million in 2013 to $552 million in 2017, and IaaS is forecast to grow from $59.2 million in 2013 to $156.3 million in 2017.
