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Publication: July 2024
Report Type: Niche Report
Report Format: PDF DataSheet
Report ID: CCT15223 
  Pages: 110+  

India Cloud Compute Service Market Size and Forecast by Type, Deployment Model, Industry, and Organization Size: 2019-2032

Report Format: PDF DataSheet |   Pages: 110+  

 July 2024  | 

India Cloud Compute Service Market Growth and Performance

  • 2023 saw the India cloud compute service market size rose to US$ 328.1 Million, marking a 22.5% YoY growth.
  • DataCube Research foresees, the cloud compute service market in India is set to make significant strides on the global stage, with projected revenue reaching US$ 2.15 Billion by 2032. Moreover, our analysis indicates a promising trajectory, an anticipated CAGR of 22.7% from 2024 to 2032.
  • Within the Indian cloud compute service market, our research highlights the dominance of the cloud bare metal market segment, which claimed the largest market share of 49.9% in 2023. This underscores the segment's robust position and potential for continued growth.
  • In our projections, we also pay close attention to end user dynamics. We anticipate the healthcare sector to emerge as a key driver of growth, expanding with a fastest CAGR of 24.0% during the forecast period spanning 2024 to 2032.

India Cloud Compute Service Market Scope

Analysis Period

2019-2032

Actual Data

2019-2023

Base Year

2023

Estimated Year

2024

CAGR Period

2024-2032
 

Research Scope

Type

Cloud Bare Metal Market

Cloud Container Market

Virtual Machine Market

Deployment Model

Public Cloud

Private Cloud

Hybrid Cloud

Industry

IT and Telecom

Media and Entertainment

Energy and Power

Transportation and Logistics

Healthcare

BFSI

Retail

Manufacturing

Public Sector

Other

Organization Size

Large Enterprises

Mid Enterprises

Small Enterprises


*Research Methodology: This report is based on DataCube’s proprietary 3-stage forecasting model, combining primary research, secondary data triangulation, and expert validation. [Learn more]