How big is the cloud market in India?

How big is the cloud market in India?

The market was valued at INR 301.40 Bn in 2020 and is expected to expand at a compound annual growth rate (CAGR) of ~29.02% during the 2021 – 2025 period to reach INR 1,169.23 Bn by 2025. Cloud infrastructure includes the essential components needed for cloud computing.

What is the current cloud market share?

According to Gartner, the market is dominated by five vendors who account for nearly 80% of worldwide IaaS cloud market share in 2018. These vendors are Amazon (47.8%), Microsoft (15.5%), Alibaba (7.7%), Google (4.0%) and IBM (1.8%).

How much is the cloud market?

The global cloud computing market reached $250.04 billion in 2021 and is projected to grow at a compound annual growth rate of 17.9%, reaching $791.48 billion by 2028, according to Fortune Business Insights.

What is a cloud market?

A cloud marketplace is a type of application marketplace. It is synonymous with SaaS marketplace. At a cloud marketplace, customers can go to an online storefront to find, purchase, and manage cloud-based applications.

What is the salary of cloud computing in India?

Based on professional experience

Experience Average Salary (INR)
0-3 years 12,41,000
4-6 years 17,44,817-19,00,369

Which cloud job has highest salary?

What Are The Top-Paying Cloud Jobs In 2021?

  • According to a report by Statista, Senior Solutions Architects earn an average of $141,000, making it the highest paying job.
  • The cloud architect position is also pretty lucrative with an average salary of $135,977.

Is there a cloud services market in India?

This IDC Market Analysis Perspective provides an overview of the India cloud services market, which reviews trends, key players, and growth opportunities of cloud services providers.

Which is the second largest online market in India?

With over 500 million users, India was the second largest online market, second only to China in 2019. With the mobile phone internet penetration estimated to reach over 30 percent of the population by 2023, the access to cloud computing and services is likely to become easier and more comfortable.

What are the services of a public cloud?

A public cloud uses cloud computing to make resources available for users. The services include virtual machines, applications or storage. The services could be free or subscribed. Corporate clouds offer more security due to limited users.

Which is the best startup ecosystem in India?

According to a study conducted by StartupBlink (global start-up ecosystem map and research center), India has moved its position at 37 in 2018 to 17 in the Startup Ecosystem Ranking for 2019′.