TechNavio today launched its IT Market in India 2011“2015 report based on an in-depth study covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers™ understanding of the past and future landscape of the market.
Commenting on the report, an analyst from TechNavio™s IT Services team said; Online retailing and e-commerce are the new and emerging technological advancements that have revolutionized online shopping in India. At present, there is an enormous number of Indian online shopping customers and this are expected to grow at a very fast pace during the period 2011“2015. A large number of online retailers indicate a rise in the adoption of online retailing; therefore, online shopping is one of the major trends in the IT market in India. This trend is expected to boost IT spending by the major online retailers.
According to the report, cloud computing technology is expected to shape the IT market in India by generating new opportunities for IT vendors. The major IT vendors such as Microsoft and TCS are adopting cloud computing technology to widen their products and services offerings and enter new geographical segments.
Further, the report also discusses that barriers in IT penetration in small and medium-sized enterprises in India is a major hindrance affecting the growth of this market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/it-market-india-2011-2015
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TechNavio Announces the Publication of its Report “ IT Market in India 2011“2015
