Now Available: India Information Technology Report Q4 2015

From: Fast Market Research, Inc.
Published: Wed Sep 23 2015


With the exception of its role as an outsourcing hub , India's IT market development trails far behind fellow Asian giant China on virtually all metrics . However, India's position as a regional laggard, but one with a robust economic outlook and an improving business environment, means its relatively undeveloped status translates into great growth potential over the medium term . This could see it become a regional outperformer , although issues such as inequality, weak infrastructure and patchy education levels outside major urban areas will still limit India's ability to close the gap to China . As a result of these factors we maintain our robust growth forecast for India's IT market , with a CAGR of 11. 7 % forecast 2015 - 2019 . 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.

Full Report Details at
- http://www.fastmr.com/prod/1047942_india_information_technology.aspx?afid=301

Headline Expenditure Projections :

Computer Hardware Sales: INR1.37trn in 2014 to INR1.47trn in 2015, +7.9% in local currency terms. Notebook volume growth has overtaken tablet sales as the primary growth driver, but tablet growth momentum expected to slowly return from 2015 after the market adjusted to the initial rapid diffusion of ownership in the core market in 2014.
Software Sales: INR269bn in 2014 to INR302bn in 2015, +12.3% in local currency terms. Growth to be slower than 2014, when OS upgrade demand was brought forward by the withdrawal of Microsoft support for the legacy XP operating system.
IT Services Sales: INR534bn in 2014 to INR602bn in 2015, +12.7% in local currency terms. Cloud computing adoption and the blossoming market for Internet of Things smart services will support overall IT services market growth outperformance in 2015.

The India Information Technology Report features BMI Research'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

* Benchmark BMI's independent IT Industry forecasts for India to test other views - a key input for successful budgetary and strategic business planning in the Indian IT market.
* Target business opportunities and risks in India's IT sector

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.

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

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