
Worldwide cloud services to grow exponentially through 2022

The public cloud services market in India is projected to grow 30.4 percent in 2016 to hit US$1.26 billion, according to Gartner.
The highest growth will come from cloud system infrastructure services (infrastructure as a service [IaaS]), which is projected to grow 32.5 percent in 2016, with platform as a service (PaaS) projected to grow 31.7 percent.
“We are witnessing a shift from legacy IT services to cloud-based services. Cloud services are growing due to organizations pursuing a digital business strategy,” said Sid Nag, Research Director of Gartner.