India Information Technology Report Q4 2014 - New Market Study Published

From: Fast Market Research, Inc.
Published: Mon Oct 13 2014

India's IT market development trails far behind fellow Asian giant China, with the notable exception of its export oriented IT services industry. One positive from India's relatively undeveloped status is that it has great potential over the medium term, with a PC penetration rate around half the level in China. Following the election of Modi's government we have raised our outlook for Indian IT spending , and now forecast the market will grow at a CAGR of 12.7% 2014-2018. H ardware sales will be key as incomes rise and government initiatives extend PC ownership to lower income segments, while we also expect robust enterprise and public sector hardware demand. While the outlook is bullish , we maintain our view that the extreme level of inequality and poverty in India will ultimately be a brake on IT spending growth.

Headline Expenditure Projections

* Computer Hardware Sales: INR1.25trn in 2013 to INR1.41trn in 2014, +12.6% in local currency terms. Tablet growth will outperform but we also forecast a rejuvenation in notebook demand following OS licensing fee cuts and the withdrawal of Microsoft support for XP in H114.
* Software Sales: INR233bn in 2013 to INR268bn in 2014, +15.4% in local currency terms. OS upgrades will boost software spending growth in 2014, but the continued high incidence of piracy will be a drag on growth.
* IT Services Sales: INR471bn in 2013 to INR541bn in 2014, +14.9% in local currency terms. Large projects are expected from the government, including its push to developing a private government cloud, as well as from other key verticals such as telecoms.

Full Report Details at

Key Trends And Developments

The PC market in India offers vendors tremendous growth opportunities over the medium term due to the low penetration rate and forecasts for rising incomes. As a result vendors are vying to improve distribution and retail networks in India to be able to capture gains from this trend. In 2014 leading global...

The India Information Technology Report features Business Monitor International (BMI)'s market assessment and independent forecasts covering personal computers and software; semi-conductors, memory chips, integrated circuits and general components; the internet and IT solutions. It analyses analyses regulatory changes (licensing, customs and intellectual property protection) and competitive landscapes comparing IT companies by products, sales, market share, investments, projects and expansion strategies.

BMI's India Information Technology Report provides industry professionals and strategists, corporate analysts, IT associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on the IT industry in India.

Key Benefits

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at or call us at 1.800.844.8156.

You may also be interested in these related reports:

- Indonesia Information Technology Report Q4 2014
- China Information Technology Report Q4 2014
- Czech Republic Information Technology Report Q4 2014
- Mexico Information Technology Report Q4 2014
- Kuwait Information Technology Report Q4 2014

Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email:
Contact Phone: 1-413-485-7001

Visit website »