Indian IT infra mkt to reach $3 bn by '16

Last Updated: Mon, May 14, 2012 20:01 hrs

The Indian information technology (IT) infrastructure market, comprising servers, storage and networking equipment, would reach $3 billion by 2016. According to research firm Gartner, the IT infrastructure market is expected to reach $2 billion in 2012, a 10.3 per cent increase over 2011. “Technology’s role in enterprises is increasing and IT’s closer alignment with business, and vice-versa, is a topic of much focus within Indian enterprises today. Soon, there will be a time when there is no IT strategy, only a business strategy, as leading CIO’s are seeing technology as a business enabler and an engine for innovation,” said Aman Munglani, research director at Gartner. Revenue growth will be primarily driven by ongoing data centre modernisation and new data centre build outs. Servers are the largest segment of the Indian IT infrastructure market, as revenue is expected to reach $754.5 million in 2012, and grow to $967.2 million in 2016.

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