Something went wrong with the connection!
 Breaking News

India software market grew 12.4% in H1 2019: IDC

India software market grew 12.4% in H1 2019: IDC
December 06
11:07 2019

NEW DELHI: The Indian software market grew 12.4 per cent year-on-year in January-June of 2019, according to an International Data Corporation (IDC) report on Thursday.

India’s overall software market was estimated to grow at a compound annual growth rate (CAGR) of 14.1 per cent between 2018 and 2023, said the Worldwide Semi-annual Software Tracker report.

India accounted for 12.4 per cent share of the Asia Pacific, excluding Japanese region, software market. India is expected to achieve a higher growth rate vis-a-vis some other major economies in the region, according to the estimate.

“In the next 18-24 months, Indian organisations would be working on improving employee’s productivity and profitability, delivering omni-channel experience to the customers, innovating and driving the disruptive digital ecosystem, and emphasising on the creation of data-driven and customer-centric organisation,” said Mohsin Baig, enterprise software market analyst at IDC India.

IDC classifies the software market into three primary categories — applications, application development and deployment (AD&D), and systems infrastructure (SI) software.

Applications contributed 61.3 per cent to the overall market revenues, followed by AD&D and SI software with shares of 22.4 per cent and 16.3 per cent, respectively, in the first half of 2019, said the report.  IANS

Comments

comments

Related Articles

Polls

Can Modi Govt. resettle Kashmiri Pandits to Valley?

View Results

Loading ... Loading ...

E-paper Latest Edition

Subscribe to our Digital Edition

Epaper

ADVERTISEMENT – Mountain House

Mounatin House

ADVERTISEMENT – Star Tours

Star Tours

ADVERTISEMENT – INKASA INTERIORS

Inkasa Interiors | Interior Designer in Delhi

50 SPIRITUAL APPETIZERS – VINOD DHAWAN

50-ad-Indiapost

It’s a lovely book. It feels energetically clear and light. It’s easy to read, dip in and out and most importantly it offers information without fluff! Blessings on this project.

Jac O’Keeffe
Spirituality teacher based in USA.

*Available on Amazon, Flipkart & other online stores*

Follow us On Twitter

RT @ANI: Indian Charge d’Affaires Gaurav Ahluwalia in Islamabad, Pakistan: We hope India and Pakistan, having attained freedom at the same…
h J R
@Indiapost_News
#India's 'passive' foreign policy yielding to one advancing its interests: US official - https://t.co/Q0B8GK9pxy G… https://t.co/bhtQsHwyVG
h J R
@Indiapost_News
Have to wait for India's invitation: Qureshi on Pak's participation in SCO summit - https://t.co/kqHfBPbxGB Get yo… https://t.co/qwkCrdx9rk
h J R
@Indiapost_News
Powerful quake kills 18 people in eastern Turkey - https://t.co/hulUG4HYUK Get your news featured use #IndiaPostUSA
h J R
@Indiapost_News

POPULAR CATEGORIES

Facebook

Subscribe To Our Mailing List

Enter your email address:

Delivered by FeedBurner

Subscribe to IndiaPost by Email

Download Media Kit

India Post Media Kit