India Cloud Computing Market Size & Outlook, 2025-2030
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India cloud computing market highlights
- The India cloud computing market generated a revenue of USD 17,881.7 million in 2024 and is expected to reach USD 76,385.7 million by 2030.
- The India market is expected to grow at a CAGR of 26.5% from 2025 to 2030.
- In terms of segment, software as a service (saas) was the largest revenue generating service in 2024.
- Infrastructure as a Service (IaaS) is the most lucrative service segment registering the fastest growth during the forecast period.
Cloud computing market data book summary
| Market revenue in 2024 | USD 17,881.7 million |
| Market revenue in 2030 | USD 76,385.7 million |
| Growth rate | 26.5% (CAGR from 2025 to 2030) |
| Largest segment | Software as a service (saas) |
| Fastest growing segment | Infrastructure as a Service (IaaS) |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Infrastructure as a Service (IaaS), Platform as a Service (PaaS), Software as a Service (SaaS) |
| Key market players worldwide | Alibaba Group Holding Ltd ADR, Amazon.com Inc, DigitalOcean Holdings Inc, Alphabet Inc Class A, GigaCloud Technology Inc Class A, International Business Machines Corp, Microsoft Corp, Oracle Corp, Rackspace Technology Inc Ordinary Shares, Salesforce Inc, Tencent Holdings Ltd ADR, The Descartes Systems Group Inc |
Other key industry trends
- In terms of revenue, India accounted for 2.4% of the global cloud computing market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China cloud computing market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 76,385.7 million by 2030.
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Cloud Computing Market Scope
Cloud Computing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| GigaCloud Technology Inc Class A | View profile | 1362 | 4388 Shirley Avenue, El Monte, CA, United States, 91731 | https://www.gigacloudtech.com |
| DigitalOcean Holdings Inc | View profile | 1156 | 101 6th Avenue, New York, NY, United States, 10013 | https://www.digitalocean.com |
| Rackspace Technology Inc Ordinary Shares | View profile | 5800 | 19122 US Highway 281 North, Suite 128, San Antonio, TX, United States, 78258 | https://www.rackspace.com |
| Salesforce Inc | View profile | 72682 | 415 Mission Street, 3rd Floor, Salesforce Tower, San Francisco, CA, United States, 94105 | https://www.salesforce.com |
| Alibaba Group Holding Ltd ADR | View profile | 204891 | 1 Matheson Street, Causeway Bay, 26th Floor, Tower One, Times Square, Hong Kong, Hong Kong, | https://www.alibabagroup.com |
| The Descartes Systems Group Inc | View profile | 2175 | 120 Randall Drive, Waterloo, ON, Canada, N2V 1C6 | https://www.descartes.com |
| Alphabet Inc Class A | View profile | 180895 | 1600 Amphitheatre Parkway, Mountain View, CA, United States, 94043 | https://www.abc.xyz |
| Tencent Holdings Ltd ADR | View profile | 104787 | No. 33 Haitian 2nd Road, Tencent Binhai Towers, Nanshan District, Shenzhen, China, People's Republic of, 518054 | http://www.tencent.com |
| Microsoft Corp | View profile | 221000 | One Microsoft Way, Redmond, WA, United States, 98052-6399 | https://www.microsoft.com |
| International Business Machines Corp | View profile | 282200 | One New Orchard Road, Armonk, NY, United States, 10504 | http://www.ibm.com |
| Oracle Corp | View profile | 164000 | 2300 Oracle Way, Austin, TX, United States, 78741 | https://www.oracle.com |
| Amazon.com Inc | View profile | 1525000 | 410 Terry Avenue North, Seattle, WA, United States, 98109-5210 | https://www.amazon.com |
India cloud computing market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cloud computing market will help companies and investors design strategic landscapes.
Software as a service (saas) was the largest segment with a revenue share of 70.76% in 2024. Horizon Databook has segmented the India cloud computing market based on infrastructure as a service (iaas), platform as a service (paas), software as a service (saas) covering the revenue growth of each sub-segment from 2018 to 2030.
In India, enterprises are gradually realizing the niche role cloud computing can play in digital transformation and in accelerating India's economic growth and societal advancement. Investments being made in India by some of the leading market players, such as Accenture, International Business Machines Corporation, and Microsoft Corporation, are expected to provide lucrative opportunities for the growth of the market.
For instance, in March 2022, Microsoft Corporation announced plans to establish the company's latest datacenter region in Hyderabad in the Indian state of Telangana. The strategic investment is in line with Microsoft Corporation's commitment to assisting clients in thriving in an AI- and cloud-enabled digital economy.
In India, the company already has three regions across the cities of Mumbai, Pune, and Chennai, and the Hyderabad region would be a new addition to this network, providing the company’s full portfolio spanning the cloud, data solutions, Customer Relationship Management (CRM), productivity tools, and AI along with modern data protection for governmental organizations, businesses, start-ups, educational institutions, and developers.
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Horizon Databook provides a detailed overview of country-level data and insights on the India cloud computing market , including forecasts for subscribers. This country databook contains high-level insights into India cloud computing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India Service - Cloud Computing Market size, 2024 - 2030 (US$M)
India Cloud Computing Market Outlook Share, 2024 & 2030 (US$M)
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