India high-growth market for Cloud services: Study

Around 68 percent of enterprises in India, with 100-plus employees, are using Cloud-based services, while the remaining 32 percent plan to do so over the next 24 months, a new study by market research and advisory firm Current Analysis said here.

"India is fast emerging as a high-growth market for Cloud services, led thus far by the private Cloud segment. However, there is huge potential for adoption of public Cloud services, which are in their early stages of market development," said Harish Taori, research director for the Asia Pacific region at Current Analysis.

This is in line with trends in the larger Asia-Pacific market where the adoption of Cloud-based services is as high as 65 percent. In North America, this number is 68 percent, said the study that spanned in 19 countries across four key regions globally.

The study also finds that the scale of Cloud services adoption easily surpasses those of other new-generation ICT services including Big Data and Enterprise Mobility.

"While a significant 39 percent of the respondents ranked Cloud as their no.1 investment priority in India, 16 percent said it would be Big Data while 12 percent favoured Enterprise Mobility. Network Security jointly ranked as the no. 2 investment priority, along with Big Data," the study said.