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India IT Market Predictions 2011

January 4, 2011

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Why Read This Report

This document provides vendor strategists with an analysis of the key trends in the India IT market in 2010 and previews the top trends that will shape the local market in 2011. The India IT market will keep pace with a CAGR of 13.2% from 2010 to 2015, at a rate of 1.6x of GDP. Increased attractiveness for investment spurred by deregulation, growth in public sector IT spending, and increasing competition among telcos are some of the drivers of India IT market expansion. This document names IBM/Netezza as the Acquisition of the Year, and identifies HCL Technologies as Indian IT Company of the Year in 2010. The report highlights everything-as-a-service as the IT Trend of 2010, while it predicts that mobile banking, consumerization of IT, and mobile reporting services will contribute to the top 10 trends in 2011.

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