Infrastructure-as-a-Service (IaaS), the public cloud services market in India is projected to grow 38 percent in 2017 to reach $1.81 billion, market research firm Gartner predicted. The highest growth will continue to be driven by IaaS which is projected to grow at 49.2 percent in 2017, followed by 33 percent in software-as-a-service (SaaS) and 32.1 percent in platform-as-a-service (PaaS), Gartner said. Also Read - Ola to offer free oxygen concentrators to the needyAlso Read - Samsung Galaxy S20 FE Long-term Review
The increase of SaaS and PaaS indicates that the migration of application and workloads from on-premises data centers to the cloud, as well as the development of cloud ready and cloud native applications, are fueling the growth in the cloud space. “We see increased cloud growth in the infrastructure compute services space as adoption becomes increasingly mainstream,” Sid Nag, Research Director at Gartner, said in a statement.
“This has been predicted for a while, and the momentum continues to sustain in 2017 eventually plateauing through 2020 as the market further matures,” Nag added. ALSO READ: Public Cloud services in India will grow 35.9 percent to reach $1.3 billion in 2016: Gartner
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