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Mumbai, India, April 28, 2014

Gartner Says Indian Public Cloud Services Market on Pace to Total $557 Million In 2014

The public cloud services market in India is on pace to grow 32.2 percent in 2014 to total $556.8 million, an increase from 2013 revenue of $421 million, according to Gartner, Inc. Spending on software as a service (SaaS) will total $220 million in 2014, growing 33.2 percent from last year.

SaaS is the largest overall cloud market segment, followed by infrastructure as a service (IaaS), totaling $78 million and business process as a service (BPaaS), totaling $75 million.

“Growth of cloud services in India reflects the demand for new sourcing models,” said Ed Anderson, research vice president at Gartner. “We expect high growth rates across all cloud services market segments in India.”

BPaaS is expected to grow from $62.3 million in 2013 to $204 million in 2018. SaaS is expected to grow from $166 million in 2013 to $636 million in 2018, and IaaS is forecast to grow from $58 million in 2013 to $317 million in 2018.

The total cloud market in India in 2013 was $421 million, and the total market for public cloud services in India is expected to reach $1.7 billion in 2018.

Additional information is available in the report "Forecast Analysis: Public Cloud Services, Worldwide, 2012-2018, 1Q14 Update and Forecast: Public Cloud Services, Worldwide, 2012-2018, 1Q14Update". The report is available on Gartner's website at http://www.gartner.com/document/2696318.

Gartner IT Infrastructure Operations and Data Center Summit 2014

The latest trends in the transformative power of infrastructure and operations, big data, hybrid cloud computing, and the changing economics of the data centre will be addressed at the Gartner Infrastructure, Operations and Data Centre Summit, 12-13 May, at the Renaissance Mumbai Convention Centre Hotel. For further information about the Gartner IODC summit, please visit http://www.gartner.com/technology/summits/apac/data-center-india/.

Journalists can register by contacting Sony Shetty, Gartner PR on +91 98209 00036 or sony.shetty@gartner.com.

Additional information from the event will be shared on Twitter at http://twitter.com/Gartner_inc and using #GartnerDC.

About Gartner

Gartner, Inc. (NYSE: IT), is the world’s leading research and advisory company and a member of the S&P 500. We equip business leaders with indispensable insights, advice and tools to achieve their mission-critical priorities today and build the successful organizations of tomorrow.

Our unmatched combination of expert-led, practitioner-sourced and data-driven research steers clients toward the right decisions on the issues that matter most. We are a trusted advisor and objective resource for more than 15,000 organizations in more than 100 countries — across all major functions, in every industry and enterprise size.

To learn more about how we help decision makers fuel the future of business, visit gartner.com.

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