Indian public cloud services market will reach $731 million in 2015: Gartner

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firstpost.comPublic cloud services revenue in India will reach $731 million by the end of 2015, an increase of $176 million over 2014 revenue of $555 million, according to Gartner, Inc. In 2015, public cloud services revenue is driven by high growth rates in key market segments, such as cloud infrastructure as a service (IaaS), cloud management and security services, and software as a service (SaaS).

Spending on IaaS will total $100 million in 2015, an increase of 25 percent over last year. Spending on cloud management/security will grow 36.6 percent to $82 million, and SaaS will grow 33.4 percent to $302 million this year.

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