The demand for cloud engineers has multiplied, especially in light of the fact that the global market for cloud services is anticipated to rise by 17% by the end of 2023. In a report released by Fortune Business Insights, it is predicted that the worldwide cloud computing market will expand by 17.9% between 2023 and 2028. This is advantageous for all of you interested in cloud engineering!
To gain a better understanding of what to anticipate in the upcoming years, let’s now look at the compensation trends in the cloud computing industry.
According to a forecast by International Data Corporation (IDC), by the end of 2023, spending on public cloud services and infrastructure will double from what it is now.
The report also stated that with a compound annual growth rate of 22.3%, public cloud spending is predicted to reach over $500 billion by the end of 2023. The amount is enormous! It seems sensible that the average pay for cloud engineers will rise.
You may get a good indication of the future of cloud engineers by looking at the following wage trends:
According to a Gartner survey, the average pay for cloud engineers in 2018 was $146,530, up significantly from only two years prior ($124,300). That is an increase of little about $22,000!
83% of business workloads will be kept on the cloud by 2023.
What factors account for this rise in cloud use in the IT sector?
flexibility in resource uses
The enormous flexibility for all organizations that this platform offers may be one of its main advantages. All firm departments benefit greatly from considerably simpler access to data when it is kept in the cloud. Additionally, businesses may now pay just for the area they use without incurring any additional costs. This is especially advantageous for businesses that regularly experience quick expansion.
The affordability of the cloud
Running a business requires a variety of tiresome chores, like gathering personnel information, processing payments, keeping corporate data, and many more.
All of these duties may be completed quickly and effectively with the use of cloud computing services without the need to add extra staff members. In turn, this assists firms in cutting total expenditures. Additionally, without having to pay extra, the cloud’s capacity may be raised in line with the expansion of the firm.
lower danger
The possibility of breaches or hackers in their laptops and other devices, which may result in the loss of all stored data, is yet another issue that most businesses deal with. All of the deleted data may be readily restored using cloud services. Additionally, cloud services provide businesses the option to back up their data by storing it in several places.
Data protection
The vast majority of cloud service providers, including AWS and Microsoft Azure, regularly patch their platforms with the most recent security updates. This guarantees complete protection of crucial data without having to worry about threats or security lapses.
With each passing year, the adoption rate of cloud computing services is increasing. Businesses that have already adopted this technology are not only enjoying the benefits of the same but are also able to stay one step ahead of their competitors.
Average Salary for Cloud Engineers in India
According to research by Indeed from January 2022, the average annual income for a cloud engineer in India is Rs. 7,51,756. The average pay for a cloud solutions engineer in India is thought to be Rs. 838,450 a year, according to a Payscale survey. 228 salaries that were reported to Indeed in the previous three years were examined to determine this data.
Due to a shortage of cloud engineers and an exponentially growing demand for them, this is projected to rise dramatically over the next several years.
Again, though, this is quite subjective. Looking at cloud engineer salaries in India by job title is the best approach to determine your capabilities. The typical pay for a Google cloud developer in India ranges from Rs17.1 lakhs to 21.9 lakhs per year.
Now let’s look at the average salaries of each of these cloud engineers.
Job Role |
Average Salary |
Solutions Architect |
₹6,46,077 |
DevOps Engineer |
₹7,13,797 |
SysOps Engineer |
₹8,35,000 |
Cloud Engineer Salaries in India: Based on Location
Job Location (State) |
Average Salary |
Karnataka |
₹9,14687 |
Maharashtra |
₹7,19,119 |
Tamil Nadu |
₹4,27,000 |
Cloud Engineer Salaries in India: Based on Experience
Experience |
Average Salary |
0-3 years |
₹12,41,000 |
4-6 years |
₹17,44,817 – ₹19,00,369 |
Conclusion
We observed in this blog article that the cloud sector provides exceptional job chances to those interested in cloud computing. Additionally, adding cloud-based analytics and visualization expertise to your résumé will serve as the finishing touch. Your questions about cloud security pay in India are all answered in the aforementioned article.
There is no doubt that cloud engineers have a promising future. As time goes on, there will be an increasing need for cloud engineers. So brush up on your cloud computing expertise and enroll in our course to add certification.