Rise in Demand for Cloudtech Services in 2021

The pandemic-driven remote working environment has further hastened demand for cloud-based software access and IT automation, making this the most opportune time for cloud firms to grab market share. As per Nasscom, spending on cloud in India will grow at 30% p.a. to reach $7.1 – $7.2 bln by 2022.

Cloud technologies and services are the most in-demand capabilities for enterprises to speed up Digital Transformation across every sector in distributed geographies right now. Gartner predicts that the worldwide public cloud services market is forecast to grow 17% in 2020 to total $266.4 billion, up from $227.8 billion in 2019.

This report provides key insights on how specialized Cloud Technologies and services companies have entered into with established global enterprises across verticals and gained market size.