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Wednesday, October 23, 2013

IT Spending in India Set to Touch $71.3 Billion in 2014

The devices market, which includes mobile phones, pcs, tablets and printers is expected to tatal $23.5 billion in 2014 a 6 per cent increase from 2013
IT spending in India is expected to reach $71.3 billion in 2014, a 5.9 per cent increase over 2013 forecast, research firm Gartner said on Tuesday.  IT services will record the strongest revenue growth at 12.1 per cent, while, software revenue will grow 10 per cent and the telecommunication services segment, that accounts for 42.1 per cent of the Indian ICT market, is expected to grow by two per cent in 2014.

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