Market revenue in 2024 | USD 4,458.1 million |
Market revenue in 2030 | USD 13,608.6 million |
Growth rate | 20.6% (CAGR from 2025 to 2030) |
Largest segment | Security services |
Fastest growing segment | Mobility Services |
Historical data | 2018 - 2023 |
Base year | 2024 |
Forecast period | 2025 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Business Services, Network Services, Security Services, Data Center Services, Mobility Services |
Key market players worldwide | Accenture PLC Class A, CenturyLink, China Huaxin, Cisco Systems Inc, Fujitsu Ltd, Huawei Technologies, International Business Machines Corp, NTT Data Group Corp, Telefonaktiebolaget L M Ericsson ADR, Trianz, Verizon Communications Inc |
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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 managed services market will help companies and investors design strategic landscapes.
Security services was the largest segment with a revenue share of 30.76% in 2024. Horizon Databook has segmented the India cloud managed services market based on business services, network services, security services, data center services, mobility services covering the revenue growth of each sub-segment from 2018 to 2030.
India's cloud managed services industry is expanding rapidly. In India, the cloud managed services industry is witnessing significant growth driven by the increasing digitalization of enterprises, a large IT services outsourcing sector, and the rise of startups. The growing demand for cloud adoption among SMEs and government initiatives promoting digital infrastructure further accelerates the market's expansion.
Horizon Databook provides a detailed overview of country-level data and insights on the India cloud managed services market , including forecasts for subscribers. This country databook contains high-level insights into India cloud managed services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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