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ARTICLE · 17 OCTOBER 2023

The Rising Costs Of Cloud Services In India: An In-Depth Analysis

Cloud services, once a luxury, have now become a necessity for businesses across the spectrum in India. Their allure lies in the promise of scalability, adaptability, and potential cost savings.

IndiaTechnology

Cloud services, once a luxury, have now become a necessity for businesses across the spectrum in India. Their allure lies in the promise of scalability, adaptability, and potential cost savings. Yet, the escalating prices of these services are casting shadows of concern among businesses and tech enthusiasts.

The Indian Cloud Landscape

Recent data from industry insiders paint a vivid picture:

  • The Indian cloud market is on a trajectory to expand at a Compound Annual Growth Rate (CAGR) of 30% in the coming half-decade, with projections of hitting the $17 billion mark by 2027.
  • In just the span of a year, the average expenditure on cloud services in India has surged by a fifth.

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