Indian information technology vendors may be missing an unfolding opportunity in the current American recession, Gartner India, the research firm, has warned.
Gartner India Research and Advisory Services Pvt Ltd, a subsidiary of Gartner Inc, is talking with five state governments to provide IT consultancy services and advices for the states' Citizen to Government Initiatives.
The sector may not touch the 30-40 per cent growth rates it witnessed before the slowdown, but an register above 20 per cent growth as it nears calendar year 2011, says Partha Iyengar, regional research head and Vice President, Gartner India.
India has made major improvement in international and domestic long-distance services in 2004 despite a complex regulatory environment, uneven field and limited competition, according to global research firm Gartner.
Captive centres set up by multinational corporations in India are posing a serious threat to the domestic outsourcing companies.
With home markets expanding to 26.4 per cent of the total personal computer (PC) sales, PC shipments in India reached over 2.2 million units in the third quarter of 2007. An increase of 19.7 per cent over the same period in 2006, according to Gartner.
Indian information and communication technology spending will surpass $ 54.8 billion by 2008 against $29.5 billion in 2004.
Global research firm Gartner Inc expects an increase in travel to and from India, mirroring the growth trajectory of the country's information technology and business process outsourcing segments.
Indian personal computer market has posted a 34.4 per cent growth in year 2004 and recorded the second highest shipments at 33.87 lakh in Asia-Pacific region, according to global research and analyst firm Gartner Inc.\n\n
The Indian personal computer market posted growth of 35.1 per cent, shipping over 8.85 lakh units in the third quarter of 2004, buoyed by small and medium business and finance and banking segments, according to global research and analysis firm Gartn
PC shipments have grown around 11.8 per cent over 2001, Vinod Nair, research analyst, hardware platforms, Gartner India said in a release while adding the large spenders continue to be finance, banking and telecom verticals.
Matching the trend in Asia-Pacific PC market, India witnessed a 16.3 per cent rise in personal computer shipments in the first quarter of 2003 with the shipments touching 615,000 units, according to the latest study by Gartner.
Economic growth and strong offerings by computer assemblers will drive the demand for personal computers, expected to grow at 18 per cent, in the country in 2003, according to Gartner Dataquest study.
With intense competition in telecom sector, the two companies are rushing to diversify into other revenue streams, prominent among which are cloud services.
With the insistence on data centres to be onshore, entities in real estate believe there is going to be a rise in demand for specialised Grade-A commercial spaces to set these up.
India to be 2nd largest IT market in APAC by 2019: Gartner
Chipmaker Intel, which last week announced a partnership with watches and fashion accessory retailer Fossil Group to develop wearable devices, is scouting for manufacturers to launch such devices in India.
The start of BHIM's declining share coincided with the launch of Google Tez in mid-Septem
It's the second time Nasscom has projected single-digit growth in a decade.
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