Public cloud services market in India is forecast to grow 36 per cent in 2013 to total $443 million, research firm Gartner today said.
The public cloud services market stood at $326 million in 2012, Gartner said in a statement.
Infrastructure as a service (IaaS), including cloud compute, storage and print services, which was the fastest- growing segment, grew 22.7 per cent in 2012 to $43.1 million.
It’s expected to further grow 39.6 per cent in 2013 to $60.2 million, Gartner said.
Software as a service (SaaS), which is the largest segment of the cloud services market in India, comprised 36 per cent of the total market in 2012.
Gartner expects that from 2013 through 2017, $4.2 billion will be spent on cloud services in India, of which $1.6 billion will be spent on SaaS.