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India's IT spending to hit USD 160B by 2025: Gartner
The Business Guardian|November 13, 2024
Information technology (IT) related spending in India is projected to reach a total of USD 160 billion in 2025, an increase of 11.2 percent from 2024, fueled by expansion in both application and infrastructure software markets, according to the latest forecast by Gartner, Inc.
India's IT spending to hit USD 160B by 2025: Gartner

The global consulting firm added that software spending in India is projected to record the highest annual growth rate, increasing 17 percent in 2025.

Gartner predicts that by 2025, more than 50 percent of application software offerings with GenAI capabilities will carry an associated price premium.

Pricing options will continue to evolve through 2025 as buyers are tested for their willingness to pay a GenAI premium, the report added. "In 2025, Indian chief information officers (CIOs) will start allocating budgets for generative AI (GenAI) beyond initial proof-of-concept projects," said Naveen Mishra, VP Analyst at Gartner.

هذه القصة مأخوذة من طبعة November 13, 2024 من The Business Guardian.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

India's IT spending to hit USD 160B by 2025: Gartner
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هذه القصة مأخوذة من طبعة November 13, 2024 من The Business Guardian.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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