The IT spending of the software market in India was forecasted to be around 17.7 billion U.S. dollars in 2024. The increase in spending compared to 2020 was attributed to the impact of the coronavirus (COVID-19) pandemic, which accelerated the process of digitalization for many companies. The global leaders of the enterprise software market are Microsoft, Oracle, and IBM.
Forecasted spending of the IT software in India from 2013 to 2024
(in billion U.S. dollars)
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Gartner. (November 28, 2023). Forecasted spending of the IT software in India from 2013 to 2024 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 03, 2024, from https://www.statista.com/statistics/328203/indian-software-market-revenue/
Gartner. "Forecasted spending of the IT software in India from 2013 to 2024 (in billion U.S. dollars)." Chart. November 28, 2023. Statista. Accessed December 03, 2024. https://www.statista.com/statistics/328203/indian-software-market-revenue/
Gartner. (2023). Forecasted spending of the IT software in India from 2013 to 2024 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 03, 2024. https://www.statista.com/statistics/328203/indian-software-market-revenue/
Gartner. "Forecasted Spending of The It Software in India from 2013 to 2024 (in Billion U.S. Dollars)." Statista, Statista Inc., 28 Nov 2023, https://www.statista.com/statistics/328203/indian-software-market-revenue/
Gartner, Forecasted spending of the IT software in India from 2013 to 2024 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/328203/indian-software-market-revenue/ (last visited December 03, 2024)
Forecasted spending of the IT software in India from 2013 to 2024 (in billion U.S. dollars) [Graph], Gartner, November 28, 2023. [Online]. Available: https://www.statista.com/statistics/328203/indian-software-market-revenue/
