By 2016, India’s share of the software market in
Asia/Pacific is expected to reach 12.1 percent, representing $5.4 billion in
revenue. China has 27 percent share of regional spending in 2011.
Priority areas of software spending include operating
systems, DBMS, AIM and Application Development. In the next five, the
fastest-growing segments will be Web conferencing and team collaboration,
enterprise content management, CRM and ERP.
According to Gartner, Indian enterprises are lagging behind
in terms of adoption of these tools, resulting in the fast growth of these
markets.
With Indian enterprises continuing to embrace IT to improve
productivity and drive growth, penetration of ICT infrastructure has been
growing rapidly during the past decade. The primary drivers of growth have been
domestic demand, the growing maturity of users and incremental enhancements in
the technology,” said Asheesh Raina, principal research analyst at Gartner.
India has presence of international software and hardware
vendors, strong ecosystem of system integrators, service providers and business
partners. Domestic demand, presence of global vendors and entry of new small
vendors have made the overall ecosystem apt for robust growth.
