India Information Technology Q1 2019
We have made positive revisions to India's IT spending forecast in the latest Q119 update owing to latest trade data andmarket developments. Our strong economic growth forecast for India foresees rapidly rising household incomes, providingexpansion opportunities for low-cost devices and solutions. Impediments to growth include demonetisation and the introduction ofa new Goods and Services Tax (GST), with less-essential tablets hit hard in 2017/18. Servers and spending on cloud computingservices and infrastructure will keep the market buoyant to a degree. We forecast IT spending to grow by 9.4% in 2019 to reach avalue of INR2.6trn.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook