Indian Public Cloud Market to Rise to $4 Billion

Indian public cloud market is likely to rise by more than 53 per cent to $4 billion by 2020 as the world’s fastest growing economy becomes more digitised, said Akash Ambani, Director Reliance Jio Infocomm. Making his first solo appearance at a public event, Akash, the eldest son of billionaire Mukesh Ambani, spoke about open source, artificial intelligence, blockchain and OpenStack.

“Indian public cloud market is estimated to be $2.6 billion in 2018 and over $4 billion by 2020,” he said at
the India Digital Open Summit here today. Gartner Inc had estimated the public cloud services market in India at $1.81 billion in 2017. Public cloud computing uses cloud computing technologies to support customers that are external to the provider’s organisation.

Mr. Akash Ambani, said OpenStack – the world’s largest fully open source cloud project, is being leveraged for more and more projects/enterprises – powering over 60 data centers public and private clouds around the world – including Reliance Jio. Last year was the tipping point globally for AR/VR (augmented reality and virtual reality). “In India, AR/VR is still in the initial stages of adoption, but market will register a compounded annual growth rate of more than 50 per cent in the next five years,” Ambani said. Also, 2017 was the year of Blockchain and Digital Currency, highlighted by all the buzz surrounding Bitcoin.

Its the best time to get certified in RHCE and OpenStack seeing the future growth of Indian public cloud market.