The public cloud revenue market in India is seeing a solid growth in 2018 and the growth rate is expected to be in the double digit. This shows that India market is really maturing towards infrastructure as a service (IaaS), with digital transformation poised to add nearly $154 Billion to India's GDP.
India's cloud market is set to growth in 2018 to US$ 2.5 Billion to $4.1 Billion by 2020. Today, India is second only to China as the largest and fastest-growing cloud services market in Asia Pacific. Global majors such as Google, Alibaba, Amazon, and Microsoft have all opened datacenters in the country. India’s local players are not far behind– Sify datacenter and cloud services helps to centralize the IT infrastructure, operations, storage management with lower cost of ownership. NxtGen is pushing AI development through its DevCloud; ESDS is leading the race for smart city hosting managed services. CtrlS is putting India on the global map as Asia’s largest tier 4 datacenter. Netmagic provides end-to end service provider for all cloud computing needs with multi–cloud Hybrid IT solution provider with global footprint.
Key Takeaways: Virtualization are resulting in growing complexities pertaining to data security, network infrastructure, and security regulation & compliance, thereby boosting demand for cyber security solutions and services across the country.
Cool Vendors: Cisco, DXC Technology, CA Technologies, Micro Focus, Fortinet, Check Point, Juniper, and Sophos.
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