인도의 PaaS(Platform as a Service) 시장은 2025-2032년 예측 기간 동안 CAGR 22.80%를 기록하며, 2024년 40억 1,000만 달러에서 2032년 207억 4,000만 달러로 성장할 것으로 예측됩니다. 지난 10년간 인도 경제는 눈부신 속도로 디지털화를 진행해 왔습니다. State of India's Digital Economy Report FY2024에 따르면 인도는 경제 전체 디지털화에서는 세계 3위, 개인 사용자의 디지털화 수준에서는 G20 국가 중 12위를 차지하고 있습니다. 또한 인도 정부 전자정보기술부는 인도의 디지털 경제가 국민소득에서 차지하는 비율은 2022-2023년에는 11.74%로, 2024-2025년에는 13.42%로 상승할 것으로 예측했습니다. 게다가 해당 부는 2022년부터 2023년까지의 디지털 경제는 부가가치 총액(GVA) 3,680억 달러, 국내총생산(GDP) 4,020억 달러에 해당한다고 말했습니다.
게다가 전자 및 IT부에 따르면 인도의 디지털 경제는 2030년까지 전통적인 분야의 성장을 뛰어넘어 국가 경제의 1/5에 기여할 것으로 예측되고 있습니다. 특히 디지털 플랫폼은 급속히 확대되고 있으며 향후 수년간 약 30%의 성장이 예상되고 있습니다. 2022년부터 2023년에는 디지털 경제가 인도 노동 인구의 2.55%에 해당하는 1,467만명을 차지하고, 그 대부분(58.07%)은 디지털을 실현하는 산업에서의 고용이 되고 있습니다. 따라서 인도의 디지털화가 진행됨에 따라 PaaS(Platform as a Service) 시장은 예측 기간 동안 유망한 성장을 이룰 것으로 추정됩니다.
위의 회사는 시장 점유율을 기반으로 순위를 보유하지 않으며 조사 작업 중에 사용 가능한 정보를 기반으로 변경될 수 있습니다.
India platform as a service (PaaS) market is projected to witness a CAGR of 22.80% during the forecast period FY2025-FY2032F, growing from USD 4.01 billion in FY2024 to USD 20.74 billion in FY2032. Over the last decade, the Indian economy has been digitalizing at a remarkable pace. According to the State of India's Digital Economy Report FY2024, India has become the third largest digitalized country in the world in terms of economy-wide digitalization and 12th among the G20 countries in the level of digitalization of individual users. Moreover, the Ministry of Electronics & Information Technology, Government of India, estimated that India's digital economy stood at 11.74% of the national income in FY2022-FY2023 and is anticipated to rise to 13.42% by FY2024-FY2025. Moreover, the department stated that the digital economy in FY2022-FY23 was equivalent to USD 368 billion in Gross Value Added (GVA) and USD 402 billion in Gross Domestic Product (GDP).
Furthermore, as per the Ministry of Electronics & IT, India's digital economy is projected to contribute nearly one-fifth of the country's overall economy, outpacing the growth of traditional sectors by FY2030. Also, digital platforms, in particular, have expanded rapidly, with an anticipated growth rate of approximately 30% in the coming years. In FY2022-FY2023, the digital economy accounted for 14.67 million workers, or 2.55% of India's workforce, with the majority of these jobs (58.07%) in the digital-enabling industry. Therefore, with the growing digitization of the country, it is estimated that the India platform as a service (PaaS) market will experience promising growth in the forecast period.
Growing Cloud Adoption is Driving the Market Growth
The rapid shift towards cloud-based infrastructure and services in India is a major growth driver for platform as a service (PaaS). More and more businesses are moving away from traditional on-premises systems to cloud solutions for greater scalability, flexibility, and cost efficiency. More than 90% of Indian businesses consider cloud transformation essential for AI integration. Additionally, 67% of Indian firms are in the process of moving their applications to the cloud, highlighting the nation's dedication to innovation and efficiency.
Furthermore, the Government of India is actively driving the adoption of cloud through several initiatives, starting with MeitY launching a GI Cloud called MeghRaj. The initiative is focused on accelerating the delivery of e-services and intelligently optimizing ICT spending across government departments. MeitY has also published extensive guidelines for enabling cloud adoption among government departments. These guidelines range from procurement and capacity planning to best migration practices. This strategic thrust goes hand-in-hand with the burgeoning platform as a service (PaaS) market in India, further accelerating the nation's digital transformation while improving efficiency in the public and private sectors.
Increased Internet Penetration is Proliferating the Market Demand
The growing availability of relatively cheap internet and mobile connectivity in India is expanding the user base for cloud-based services, such as the platform as a service (PaaS) market. Today, with over 900 million internet users in FY2023, India is one of the fastest-growing digital markets in the world, with affordable data plans and high smartphone penetration being driving forces. This increased penetration of the internet is allowing business enterprises, in particular SMEs and startups, to utilize cloud-based platforms for developing, deploying, and managing applications. According to a FY2023 report by the Internet and Mobile Association of India (IAMAI), rural internet users are growing at a faster rate than urban users, further broadening the reach of cloud services.
Growing connectivity further drives demand for scalable and cost-effective platform as a service (PaaS) solutions by building and delivering digital services to a much more enormous audience. For example, e-commerce, edtech, and fintech are using platforms as a service (PaaS) to create new applications that reach a growing and diverse internet user base in India.
Increasing Availability of Skilled Labor Accelerating the Market
The increasing availability of skilled developers and IT professionals, along with cloud-based technology, is supporting the adaptation of platform as a service (PaaS) in India. With more demand in their quest for cloud-based solutions, the government and the private sector are evolving various upskilling initiatives to bridge the gaps between the talent in demand and the talent available within the country. A report issued by the National Association of Software and Service Companies (NASSCOM) in FY2023 stated that India is expected to have more than 1.5 million cloud professionals by FY2025, which positions India as one of the leading pools of talent worldwide regarding cloud technologies. This skilled workforce is helping businesses exploit the PaaS platform to develop, deploy, and manage applications. Educational institutions, training platforms, and associated certification programs focus more on cloud computing, with PaaS being a core area of focus.
Furthermore, initiatives like the National Skill Development Corporation (NSDC) and collaborations between tech giants like AWS, Microsoft Azure, and Google Cloud with Indian universities are developing a new generation of cloud-savvy professionals.
Future Market Scenario (FY2025-F2032F)
India's platform as a service (PaaS) market is anticipated to experience steady growth as Indian businesses are increasingly adopting digital technologies to enhance operational efficiency, customer experience, and innovation, driving demand for platform as a service (PaaS) solutions.
Rapid shift towards cloud-based infrastructure and services, supported by government initiatives like "Digital India," is expected to drive the growth of India platform as a service (PaaS) market.
The growing availability of affordable internet and mobile connectivity is expected to expand the user base further for cloud-based services and accelerate the cloud adoption within the country, thereby proliferating the India platform as a service (PaaS) market demand.
Key Players Landscape and Outlook
The increasing demand for cloud-based solutions and digital transformation is dynamically evolving the competitive landscape of India's platform as a service (PaaS) market. The market features a combination of global cloud giants, local players, and emerging startups like NeevAI SuperCloud Private Limited and Yotta Technologies Private Limited, all vying for a share of India's growing cloud environment. For instance, in June FY2024, NeevAI SuperCloud Private Limited made a bold entry into the AI cloud space with a plan to construct an AI cloud infrastructure with 40,000 GPUs designed explicitly for Indian clients by FY2026. The project aimed to support Indian enterprises with various AI workloads, including training and inference. To kickstart this venture, NeevAI SuperCloud Private Limited has already ordered 8,000 NVIDIA GPUs with HPE. Approximately 3,500 developers have also registered to use NeevCloud's inference platform.
Furthermore, India platform as a service (PaaS) market is expected to experience growth due to the increasing number of investments in the cloud environment by major key players. For instance, in January FY2025, Amazon Web Services India Private Limited unveiled its plan to invest USD 8.3 billion into cloud infrastructure in the Maharashtra region to further expand cloud computing capacity in India. The investment is estimated to contribute to USD 15.3 billion in gross domestic product (GDP) of India, supporting more than 81,300 full-time jobs annually in the local data center supply chain by FY2030. Also, the company reported that the USD 8.3 billion investment is a part of its USD 12.7 billion investment in cloud infrastructure in India by FY2030 to cater to the growing customer demand for cloud services across the country.
Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.