Albany, NY -- (SBWIRE) -- 03/25/2013 -- TechNavio's analysts forecast the adoption of cloud services in Indian SMBs to grow at a CAGR of 16-25 percent over the period 2012-2016. One of the key factors contributing to this market growth is the need to enhance operational efficiency. The adoption of cloud services in Indian SMBs survey has also identified the increasing adoption of software-as-a-service. However, the lack of data security could pose a challenge to the growth of this market.

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Technavio's survey, Adoption of Cloud Services in Indian SMBs, was conducted with the cooperation of more than 80 participants from various segments of the Cloud Services industry in India. These participants include Service Providers, Systems Integrators, Consultants, and Original Equipment Manufacturers.

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Key questions answered in this survey:

At what rate is the market currently growing and at what rate is the market expected to grow in the future?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
What are the market opportunities and threats faced by the key vendors?

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