Forecast of the market of cloud services in India
The relevance of research
Today, almost all major IT companies, such as Microsoft, Amazon, Google, and IBM, are providing cloud services. In terms of consumption, cloud technologies are in great demand, as evidenced by the fact that all representatives of the Fortune Global 500 rating of the world's largest companies are already using cloud services
Purpose of the study
Analysis of the state of the cloud services market in India, assessment of the market size, analysis of competitors, as well as identification of factors affecting the market of cloud services
Content
Chapter 1. Key components of the cloud services market
1.1. Market size
1.2. Growth rates of the market of cloud services
1.3. Cloud service market trends
1.4. The main problems of the industry
1.5. The stage of the life cycle of the cloud services market
1.6. Estimation of the number of buyers and their financial capabilities
1.7. Estimated consumption per capita
1.8. Analysis of sectoral indicators of financial and economic activity
1.9. Price analysis
Chapter 2
2.1. Economic components
2.2. Social Components
2.3. Technological components
2.4. Political Components
2.5. STEP-analysis of the cloud services market
Chapter 3. Assessment of the degree of competition
3.1. Scale of competition (local, regional, national, global)
3.2. Number of competitors and relative market shares of the largest competitors
3.3. Compact location of industry companies in certain regions
Chapter 4 Industry Forecasts
4.1. Analysis of the impact of recent crises on the industry (the global crisis of 2008 and the currency crisis in India in 2014)
4.2. Analysis of the impact on the state aid industry at the current date
4.3. Assessment of the degree of impact of the crisis due to covid-19 on the analyzed market. Barriers existing in the market of cloud services
4.4. Prospects and growth drivers for the cloud services market
4.5. Forecast for the development of the cloud services market in the context of the current economic crisis due to covid-19
Chapter 5 Forecasting Methodology
5.1. Methods for forecasting key industry indicators
5.2. Sources of information for forecasting
5.3. Timing of forecasting
Research excerpt
Chapter 1. Key components of the cloud services market
1.1. Market size
At the end of 2020, the market volume amounted to … million rupees, the cloud services market remains one of the largest … in India.
There are three major segments in the cloud services market: ...
IaaS (Infrastructure-as-a-Service) is provided as an option…
SaaS (Software-as-a-Service) is a model in which the consumer is given the opportunity to use the application ...
PaaS (Platform-as-a-Service) model, when the consumer is given the opportunity to use the cloud infrastructure to host the basic …
Today, almost all major IT companies, such as …
The concept of ""cloud"" in relation to infocommunication technologies began to actively appear on the market in 2006, it was then that the company …
Cloud data storage is an online storage model in which data is stored on …
The convenience of clouds has already been appreciated by users of major mail services - gmail.com, ...
1.2. Growth rates of the market of cloud services
Growth rate of the Indian cloud services market in 2016-2020 allow us to state that the market is at the stage of …, which is clearly evidenced by … the growth rate of the market volume is …%, development prospects and potential for further growth – the cloud services market remains … According to … in mid-2020, the penetration of cloud services in India is not exceeded …% of the potential market, while in the world this figure is already …%.
The dynamics of the volume of the Indian cloud services market during the study period has …, which is due to the growth in demand for services to provide ... In 2020, the market volume reached its … million rupees, an increase compared to the previous year …%. The minimum value of the market volume falls on … with an indicator of … million rupees, the increase compared to the indicators of 2015 amounted to …%. GidMarket analysts suggest that in the coming years, the volume of the Indian cloud services market will be …
The volume of the cloud services market in India is far from …, which is … higher than the existing market volume and is estimated by GidMarket analysts at not less than … billion rupees. In the long term until 2025, reaching the potential capacity ...
1.3. Cloud service market trends
...
1.4. The main problems of the industry
The main issues in the industry include:
The lack of uniform…
Problems …
...
1.5. The stage of the life cycle of the cloud services market
...
1.6. Estimation of the number of buyers and their financial capabilities
Diagram 3. Population dynamics in India, as of 01 Jan. 2012–2021
During 2019-2020 India's population shows … dynamics. ... the population has a slight impact on ... at the moment, to a greater extent, the demand is influenced by ..., which entails ...
Rosstat predicts that the birth rate (number of children per woman) … up to … by 2025
Earlier, Rosstat published a demographic forecast until 2036. The most optimistic scenario assumes an increase in the country's population to …
According to the results of the crisis year 2020, real disposable money incomes of Indians decreased by …% in annual terms, follows from ... From 2014 to 2017. real incomes of the population in India were declining, in 2018 they showed …%, and at the end of 2019 …%. At the end of 2020, they lag behind by …% from the level of 2013, the last year of steady income growth.
The Ministry of Economic Development expects that in 2021 real disposable income will …
1.7. Estimated consumption per capita
The dynamics of changes in the consumption of cloud services tends to ... in the study period. The volume of consumption per capita has ... in 2016-2020, the minimum value of the indicator for the study period is ... rupees per person per year and falls on 2016, the maximum value falls on 2020 and amounts to .. rupees per person per year due to growth...
In general, the dynamics of the consumption volume indicator correlates with the dynamics of …
1.8. Analysis of sectoral indicators of financial and economic activity
Consider industry indicators of financial and economic activities of the industry of developing computer software, consulting ...
Gross margin is an economic indicator that characterizes ...
Gross margin of the industry of computer software development, consulting services in this area and other related services in 2016-2020 quite ... and has stable ..., deviation from the similar indicator in all sectors of the Indian economy throughout the entire period ... The maximum value of the indicator is in ... years - ...%, while the value of the indicator is by ...% ... the value of the indicator in all sectors of the Indian economy . In 2020, the gross margin of the industry …
Diagram 6. Profitability before tax (profit of the reporting period) in the cloud services industry in comparison with all sectors of the Indian economy, 2016-2020, %
Profitability before tax is an economic indicator that characterizes the ratio ...
Profitability before tax in the industry of computer software development, consulting services in this area and other related services is also ..., throughout the study period, it is ... the average for all sectors of the Indian economy. Since 2016, the indicator ... In 2020, the profitability before tax of the industry of computer software development, consulting services in this area and other related services reaches …%, which is associated with an increase in …
The current (total) liquidity ratio is a financial ratio equal to the ratio of current (current) assets ...
The value of the coefficient is considered normal ...
The indicator of current liquidity for the cloud services industry in 2016-2019. …, during the study period, its average value is … times. During the period under study, … are observed, while the indicator remains …, except for 2020, when the current liquidity indicator reaches … times. …
Absolute liquidity ratio - a financial ratio equal to the ratio of cash and short-term financial investments to ...
The financial position of the industry is recognized as good when the absolute liquidity ratio ...
The value of the absolute liquidity of the industry of computer software development, consulting services in this area and other related services during the study period is … the same indicator for all sectors of the Indian economy, while it is also … the minimum allowable value. During the study period, there were insignificant ...
1.9. Price analysis
The dynamics of prices for access and use of cloud services in the period from 2016 to 2019 was stable - as experts have repeatedly noted, the prices for using cloud services are almost ..., however, in 2020 and at the end of the first half of 2021, average prices in India …, which is connected with the crisis – the largest market players, realizing the situation in other industries, reduced …, while the market as a whole grew due to … These facts are confirmed by the consumer price index in the market (Table 3), as well as the growth of …
It is worth noting that the deviation from the average consumer price index for all services during the entire period is ... - the average consumer price index for all services in India changed ...
Next, consider the average prices in the market, calculated based on the prices for the use of cloud data storage ...
Table 4. Average prices in the market of cloud services in the Union Territories
It should be noted that in this case, the average price is calculated for certain characteristics of resources, while prices may vary depending on …
Chapter 2
2.1. Economic components
Gross domestic product (GDP) is one of the most important macroeconomic indicators.
It reflects the market value of all final goods and services intended for direct consumption, which were produced for ...
GDP is expressed in national currency, or (if necessary) recalculated ...
The decline in the index of physical volume of GDP for 2020 was affected by the fall in global demand for energy resources and the introduction ...
Decreasing global demand for energy resources has affected the reduction of value added in the mining industry (…%).
Significantly reduced the value added of the service sector enterprises: ...
...
In intra-annual dynamics, the deepest decline was observed in Q , mainly due to industries …
...
2.2. Social Components
...
2.3. Technological components
...
2.4. Political Components
...
2.5. STEP-analysis of the cloud services market
Table 5. STEP analysis of factors affecting the cloud services market
Based on the results of the analysis of factors affecting the market of cloud services, there is a predominant ... influence of the main number of factors on the market, and, accordingly, on demand.
Restraining factors…
The following political and technological factors have a stimulating effect on the analyzed market: …
Chapter 3. Assessment of the degree of competition
3.1. Scale of competition (local, regional, national, global)
The cloud services market in India is characterized by … the level of competition in the country, according to various estimates, from …
Global competition in the cloud services market is expressed at … level – …
National competition is expressed ...
Regional and local competition is expressed ...
3.2. Number of competitors and relative market shares of the largest competitors
The rating of companies providing cloud services in India is annually … At the end of 2020, the TOP-10 of such companies, according to …, included …
GidMarket analysts identified the largest companies in the cloud services market according to various expert opinions, including ..., as well as by choosing ...
The largest companies in the cloud services market, according to GidMarket, can be considered ... companies that have stable revenues and ... The largest players in the cloud services market are located in …
The market shares of the largest operators of the cloud services market are calculated based on the calculation of the amount of revenue from …
Diagram 10. Shares of the largest competitors in the cloud services market in 2020, %
The market leaders are LLC “…” and LLC “…” with shares of …% and …%, respectively. They are followed by … The total share of other enterprises is …%.
Interest in cloud technologies is growing every year in the business environment, this is dictated by the time requirement for the rapid processing of large amounts of data, as well as their …
The net revenue of the TOP-5 companies according to the annual reports of these companies and Rosstat data in 2020 totaled … billion Rs., the total revenue of these companies increased by …% compared to 2019, while the market volume in 2020 increased by …% compared to the same indicator in 2019. At the same time, the revenue of each company included in the TOP-5 increased in 2020 compared to 2019, the growth rate fluctuates from …%. Market leaders annually…
In the period 2016-2019 the revenue of TOP-5 companies showed a stable …%, taking into account a sharp increase in 2018, which is associated with an increase ...
3.3. Compact location of industry companies in certain regions
To determine the compactness of the placement of companies in the industry of computer software development, consulting services in this area and other related services, consider the amount of revenue ...
Diagram 12. Compactness of location of companies in the industry in certain regions
The largest share of revenue in the industry accounts for ... - ...%, which is primarily due to the location of ..., favorable conditions for doing ... In second place in terms of concentration is ..., its share is ...%. Next, the concentration of companies, based on the share of the region's revenue in the total industry revenue, …%. At the same time, it is worth paying attention to such regions - a relatively high share of revenue indicates the development of …
Based on the facts considered, it can be concluded that the operators of the cloud services market in India are compactly located in the bulk in …
Chapter 4 Industry Forecasts
4.1. Analysis of the impact of recent crises on the industry (the global crisis of 2008 and the currency crisis in India in 2014)
In 2020, many markets felt the impact of the pandemic and the onset of the economic crisis, while it is worth noting that the crisis phenomena of 2020 …
Consider the impact of recent crises (the global crisis in 2008 and the currency crisis in India in 2014) on the industry…
Table 7. Assessment of the impact of recent crises on the industry
4.2. Analysis of the impact on the state aid industry at the current date
...
4.3. Assessment of the degree of impact of the crisis due to covid-19 on the analyzed market. Barriers existing in the market of cloud services
...
4.4. Prospects and growth drivers for the cloud services market
...
It is worth noting that one of the most important drivers of growth in the cloud services market in India is the growth of the economy, and at the same time the growth of …
...
4.5. Forecast for the development of the cloud services market in the context of the current economic crisis due to covid-19
...
Chapter 5 Forecasting Methodology
5.1. Methods for forecasting key industry indicators
...
5.2. Sources of information for forecasting
...
5.3. Timing of forecasting
The forecast belongs to the medium-term category - 5 years (2021-2025)
Diagrams
Diagram 1. Cloud services market segments and their shares in 2020
Diagram 2. Dynamics of the volume of the cloud services market, 2016–2020
Figure 1. The stage of the life cycle of the cloud services market
Diagram 3. Population dynamics in India, as of 01 Jan. 2012–2021
Chart 4. Dynamics of real income of the population of India, 2012-2020, available period 2021
Diagram 5. Volume of consumption in the market of cloud services per capita, 2016-2020
Diagram 6. Profitability before tax (profit of the reporting period) in the cloud services industry in comparison with all sectors of the Indian economy, 2016-2020, %
Diagram 7. Current liquidity (total coverage) for the cloud services industry for 2016–2020, times
Chart 8. India's GDP evolution, 2012-2020, available period 2021
Chart 9. Monthly dynamics of the US dollar against the rupee, 2016-2021 available period, Rs. for 1 US dollar
Diagram 10. Shares of the largest competitors in the cloud services market in 2020, %
Diagram 11. Dynamics of the total revenue of the largest cloud service market operators (TOP-5) in India, 2016–2020
Diagram 12. Compactness of location of companies in the industry in certain regions
Diagram 13. Forecast of the volume of the cloud services market in 2021-2025
Tables
Table 1. Gross margin of the cloud services industry in comparison with all sectors of the Indian economy, 2016-2020, %
Table 2. Absolute liquidity of the cloud services industry in comparison with all sectors of the Indian economy, 2016-2020, times
Table 3. Consumer price indices in the cloud services market for India in 2016-2021 (available period), %
Table 4. Average prices in the market of cloud services in the Union Territories
Table 5. STEP analysis of factors affecting the cloud services market
Table 6. The main companies participating in the cloud services market in 2020
Table 7. Assessment of the impact of recent crises on the industry
Table 8. Analysis of the impact on the industry of the state aid proposed to date
Table 9. Forecast indicators of the development of the Indian economy
All reports