subject: India Software Market - Current shares and forecasts [print this page] India Market Trends: business software India Market Trends: business software
The Indian enterprise software industry has been a story of consistent double-digit growth, although on a low base. The growth has been driven primarily by companies in the financial services and telecoms sectors; the rise of large companies in previously fragmented sectors such as retail; increasing awareness of the role of IT in managing growth across sectors (which is manifested in IT projects that before would have been considered discretionary); and the build-up of computing, messaging, and connectivity infrastructure across revenue bands and sectors. ( http://www.bharatbook.com/detail.asp?id=154531&rt=India-Market-Trends-business-software.html )
While the consistent high growth slowed in 2008/09, India is now back on a high growth path and the drivers remain the same. We expect the next three to four years to be promising, with a CAGR of over 20% during the forecast period (200813).
Key chapters :
SUMMARY
Impact
Ovum view
Key messages
THE INDIA SOFTWARE MARKET: CURRENT SHARES AND FORECASTS
The market is to be worth $5.36 billion by 2013
The current state: low enterprise software adoption across sectors
Global vendors dominate across technology sectors
The hardware majors play a big role in distribution
CURRENT STATE AND GROWTH PROSPECTS ACROSS KEY AREAS
SaaS is likely to be the delivery platform of choice for CRM, portals, and messaging
Service-oriented architecture adoption is limited
Customer relationship management: Among the more promising areas
Business intelligence: among the high-priority investment areas
Financial management and core sector-specific enterprise resource planning
The most basic solutions dominate the data center management software market
Enterprise content management: promising, but not much adoption so far
