India IT spending to reach $87.1b in 2018: Gartner
INDIA IT spending is projected to total $87.1 billion in 2018, a rise of 9.2 per cent from 2017 estimated spending of $79.7 billion, says a Gartner forecast.
Enterprise software and IT services continue to exhibit strong growth, with devices segment continuing to drive the overall IT spend. Software spending is projected to grow 17.9 per cent in 2017, and another 15.3 per cent in 2018 to reach $5.7 billion. IT services spending will increase 15.7 per cent in 2017 to reach $12.6 billion, and grow 13.8 per cent in 2018 to reach $14.3 billion.
“The IT buying landscape is changing. Digital business transformation is creating connected platforms and new industry revenue streams,” said G Ramamoorthy of Gartner India..