Gartner's estimate of the Indian IT market

Here's looking into Gartner's estimate of the Indian IT market

• According to IT research firm Gartner, IT end-user spending in India is expected to grow at a compound annual growth rate (CAGR) of 14.8 per cent from 2007 through 2012 to generate US $110 billion in 2012.
  

• By 2012, Gartner predicts that the Indian market will ship nearly 24 million PCs, of which more than 50 per cent will be mobile PCs. By 2012, the Indian market will ship more mobile than desk-based PCs.
  

• The Indian server revenue market is poised for 6.3 per cent CAGR from 2007 through 2012. This growth will be primarily fuelled by the growth in the x86 and the Itanium platform.
  

• Non-x86 based platforms will continue to dominate the high-end and midrange server segments, especially in large enterprises such as the banking, telecommunications and government sectors. Feature-rich processors in x86 servers will account for the majority of server spending, followed by RISC/Itanium-based servers.
  

• The total software market in India will reach $3.4 billion by 2012. India is one of the fastest-growing software markets, and it is expected to register the third highest CAGR of 16.3 per cent for the forecast period of 2007 through 2012. Software spending and plans for critical IT initiatives to attain business agility will remain unaltered.
  

• Demand from vertical markets, which see IT as a core business enabler such as banking, finance and insurance will drive the software market in India.
  

• India's domestic IT services market is the fastest-growing market in Asia/Pacific with a CAGR of 20.2 per cent from 2007 through 2012, reaching $11.8 billion in 2012. The Indian IT services market is fragmented, and competition will intensify with new players entering into the market, forcing providers to find their market niche and differentiation to win deals. Top technology priorities include security, business intelligence and enterprise application projects.
  

• By 2012, the telecommunications services market in India is expected to reach $52 billion growing at a CAGR of 26.8 per cent from 2007 through 2012. India will remain a wireless and voice-dominated market until at least 2011, and wireline technology will take a back seat. Broadband penetration will reach above 7 per cent by 2012, and Broadband Wireless Access based solutions will be the growth drivers.