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Gurgaon/New Delhi, July 25, 2006
The domestic IT and ITeS market in India grew by 26%
in CY 2005 over CY 2004. It was a milestone achieved in
the history of the Indian IT industry, when the IT and
ITeS revenue in the domestic arena crossed Rs.50,000
crore. This was revealed by IDC (India) Limited, the
country’s leading IT market research and consultancy
firm on the eve of their flag-ship annual industry
briefing session DIRECTIONS.
“The domestic market in India has come of age now and
beyond 2005 it is expected to show faster growth
compared to the IT/ITeS exports revenue”, said Kapil Dev
Singh, Country Manager, IDC (India) Limited. “This makes
India a great market with significant domestic
consumption and not just a sourcing base. I believe the
critical mass has been achieved and one can expect a
phenomenal growth of IT adoption by all sections of the
IT market by 2010”, Kapil added.
The growth in the domestic IT Market in 2005 was
contributed by products and services across
segments. Some fast growing of them¥ are:
- Notebook PCs (77%), Smart Handheld Devices,
SHDs (275%), x86 Servers (39%), Multi-function
Devices, MFDs (47%), Other Peripherals (35%)
- Security Software (34%), Industry Vertical
Applications (25%)
- Application Management Services (46%), Network
Management Services (32%)
- IP-PBX Systems (34%), Wireless LAN Equipment
(127%) and Routers (42%).
The growth story over the next five years time
period would continue to be driven by the three
themes of mobility, convergence and infrastructure
management. ‘‘The twin play of ‘IT going deep into enterprises
with dynamic IT adoption being the driver’ and ‘IT
spreading wide into the SMB and Consumer space’, is
slowly gaining momentum and manifesting itself in the
form of healthy market growth’’, commented Kapil.
IDC India included the domestic BPO market size for
the first time in its estimates as this market is
maturing and gaining increasing traction and visibility.
The market for domestic ITeS/BPO segment has been
estimated at Rs. 3,800 crore in 2005 and is expected to
grow at a 52% CAGR to touch Rs. 30,000 crore by 2010.
The overall industry (Domestic + Exports) crossed the
Rs.150,000 crore mark in 2005 and is expected to grow to
Rs. 383,000 crore by 2010, thus clocking an average
growth of 20%.
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