Press Esc to close
Wednesday 24 August 2016
News updated at 12:01 PM IST
Weather
Max: 30.6°C
Min : 20.9°C
In Bengaluru
Sunny day
Breaking News

Indian IT spends seen at $71.5 b in 2012

Bangalore, Oct 10, 2012, DHNS:

IT spending in India is projected to total $71.5 billion in 2013, a 7.7 per cent increase from the $66.4 billion forecasted for 2012, said a Gartner report.

“India like other emerging markets continues exercising strong momentum despite inflationary pressures and appreciation of local currencies, which are expected in rising economies,” Gartner Senior Vice-President and Global Head of Research Peter Sondergaard said.

The telecommunications market is the largest IT segment in India with spending forecasted to reach $47.8 billion in 2013, followed by the IT services market with spending of $10.3billion.

“The hardware segment will account for 14.1 per cent of all IT spending in India by 2016, driven by positive contributions from the storage and the client computing segment, “Gartner India Head of Research Partha Iyengar said.


Go to Top

Photo Gallery
The launch of Entrepreneurship Summit at IT Decode Park in Hyderabad...

The launch of Entrepreneurship Summit at IT Decode Park in Hyderabad...

Horses undergoing exercise and training by handlers at Race Course in Bengaluru...

Horses undergoing exercise and training by handlers at Race Course in Bengaluru...

A child plays in front of idols of Lord Ganesha ahead of Ganesh festival ...

A child plays in front of idols of Lord Ganesha ahead of Ganesh festival ...

Hyundai Motors India unveils the all new Elantra...

Hyundai Motors India unveils the all new Elantra...

Priests perform Gaja Pooja in Manakula Vinayagar temple, dedicated to the god Ganesha...

Priests perform Gaja Pooja in Manakula Vinayagar temple, dedicated to the god Ganesha...

People on boat, wade through the flooded streets in Allahabad...

People on boat, wade through the flooded streets in Allahabad...

Submerged houses in flooded area of Hajipur, Bihar...

Submerged houses in flooded area of Hajipur, Bihar...

Villagers use tube boats to wade through flooded area of Hajipur, Bihar...

Villagers use tube boats to wade through flooded area of Hajipur, Bihar...

Tokyo governor Yuriko Koike, right, and Eduardo Paes, Mayor of Rio de Janeiro stand by IOC...

Tokyo governor Yuriko Koike, right, and Eduardo Paes, Mayor of Rio de Janeiro stand by IOC...

Pyrotechnics erupt during the closing ceremony in the Maracana stadium at the 2016 Summer...

Pyrotechnics erupt during the closing ceremony in the Maracana stadium at the 2016 Summer...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523