India Enterprise Network Services FY15 Market Overview
The Indian enterprise data services market is on a growth trajectory and is set to see a CAGR of about 11% between 2015 and 2021. MPLS/IP VPN, Internet and DLC (in order) are set to be the major contributors to this revenue growth. India has experienced a tremendous increase in the demand for data services, from both enterprises and households. This growth of data services has been driven by a supportive regulatory environment, huge investment from telecom providers, businesses opting for cloud services, smart devices, IoT, seamless digital and non-digital customer services. In terms of bandwidth and connectivity, there is a healthy demand for data services from small and medium business. Indian market conditions for widespread adoption of NFV and SDN technologies will mature in the next couple of years.
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