With a 10.7% increase in spending, double-digit growth returns
India’s end-user spending on IT services is to reach $ 18 billion in 2021. According to Gartner, Inc., an increase of 10.7% over 2020.
Gartner reports that IT Services in India will reach $18 Billion in 2021
“India’s IT services market has proven its durability in the last 15 months of the pandemic. The proliferation of remote working, the need to plan for business continuity and the increasing focus on digitization have increased the demand for IT services, “said Gartner. Arup Roy, Vice President of Research.
“In 2020, spending on IT services slowed but did not decline. Some digital projects have created stalling. This is due to the reduction of the IT budget in 2020 and economic uncertainty. The interest of end-user organizations in digitization rapid will revive in 2021.
In terms of end-user spending in 2021, the consulting department will be the largest. This year’s total will be US $4.6 billion, higher than the US$4.1 billion in 2020. Hardware support will be the only part where spending will reduce in 2021.
As end-user organizations reduce their spending on client device support and data center support systems, hardware support will drop by 2.8%. “Indian companies need greater agility, rapid innovation, and rapid action to become composable enterprises to increase cloud adoption by 2021.”
In 2021, total end-user spending on IaaS will reach 1.6 billion USD, an increase of 57% over 2020. This will be the highest growth rate in all IT service spending areas in India. IaaS is to account for 9% of the country’s total IT service spending by 2021. Moreover, by 2025, IaaS spending is to account for 22.7% of India’s total IT service spending.