India Cloud Computing Market
The GMI Research endeavours that the India Cloud Computing Market will encounter a boom over the forecast period. This is because of the convenient accessibility of inventive and extensive solutions to fulfil the changing demand of organisations.
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Introduction of the India Cloud Computing Market
Cloud computing refers to the on-demand provision of IT resources via the internet using the pay-as-you-go pricing ability. Instead of procuring and controlling physical data centers and servers, the organisations choose for technologically advanced services, which include storage, computing power, and databases, for leading market players which include AWS and Azure.
India Cloud Computing Market Dynamics
One of the prime reasons responsible for the surging prominence of India Cloud Computing Market includes the increasing implementation of advanced technologies, such as Augmented Reality (AR), Artificial intelligence (AI), and virtual reality (VR). Also, several small, medium, and large scale enterprises are emphasising on reducing the cost and enhancing their operation dilatability, which will stimulate the market growth. For example, the Indian Government is concentrating on decreasing their cost and improving the operation scalability, which will further drive the market growth. Moreover, the government of India is focussing on promoting the adoption of sophisticated technologies such as machine learning, AI, IoT, cloud services, and big data. The National Informatics Center (NIC) is providing ICT and eGovernance support to the Indian government. The government initiated the “GI Cloud” initiative also called the “MeghRaj”. The main focus of this scheme is to increase the delivery of e-services in and advance the ICT expenditure of the government. The NIC also provides several cloud services, which include Software as a Service (SaaS), Platform as a Service (PaaS), and Infrastructure as a Service (IaaS).
The National Institution for Transforming India (NITI) Aayog, In 2020, declared to establish a cloud computing platform called AIRAWAT to generate novel opportunities for the usage of cloud services. In addition, the Digital India drive started by the government directs to modify the nation into a digitally entitled society and knowledgably economy. As per the India Cloud Computing Market Report, The program will provide nine growth pillars which include, Universal Access to Mobile Connectivity, Broadband Highways, e-Governance, e-Kranti, and Public Interest Access Programme. Thus, all these initiatives will strengthen the India Cloud Computing Market Size.
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