Technology market size in India FY 2023, by segment

Published by
Shangliao Sun,
Jun 27, 2024

In financial year 2023, the market size of India's technology sector was estimated to achieve 245 billion U.S. dollars. The IT services had the largest share, at 125 billion dollars. It is an 8.4 percent increase in comparison with the previous year. Most of the value was generated by export. 

Technology market size in India in financial year 2023, by segment (in billion U.S. dollars)

© Statista 2025
Download
Show detailed source information?
Register for free
Already a member?
Log in
Source

Use Ask Statista Research Service

Release date

September 2023

Region

India

Survey time period

FY 2023

Special properties

Estimated values

Supplementary notes

India's financial year begins in April and ends in March. For example, FY 2022 started in April 2021 and ended in March 2022.

Citation formats
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$1,299 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts

Statistics on " E-commerce in India "

The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics

Other statistics that may interest you E-commerce in India

General overview

5

E-commerce in India

5

Funding and investments

5

Online retail

4

Key players

5

Digital behavior

4

Further Content: You might find this interesting as well

Topics

Analytics market in IndiaData storageCloud computingBig dataInfrastructure as a Service (IaaS)
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$1,299 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts
Learn more about how Statista can support your business.