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India ICT Market Size, Share, Trends, Forecast, Analysis: By Type: Hardware, Software, IT and Infrastructure Services, Telecommunication Services; By Industry Vertical: BFSI, IT and Telecom, Government, Retail and E-Commerce, Manufacturing, Energy and Utilities, Others; Regional Analysis; Market Dynamics; Competitive Landscape; 2024-2032
India ICT Market Share
Based on industry vertical, the market is divided into BFSI, IT and telecom, government, retail and e-commerce, manufacturing, and energy and utilities, among others. Over the forecast period, the IT and telecom sector is projected to grow at a CAGR of 13.9% during 2024-2032, aided by the rapid penetration of internet services and rising digitalisation of the economy.
| 2023 Market Share by | Region |
| West India | 24.5% |
| North India | XX% |
| East and Central India | XX% |
| South India | XX% |
India ICT Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Asia Pacific ICT Market Overview
8.1 Key Industry Highlights
8.2 Asia Pacific ICT Historical Market (2018-2023)
8.3 Asia Pacific ICT Market Forecast (2024-2032)
9 India ICT Market Overview
9.1 Key Industry Highlights
9.2 India ICT Historical Market (2018-2023)
9.3 India ICT Market Forecast (2024-2032)
10 India ICT Market by Type
10.1 Hardware
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.1.3 Breakup by Type
10.1.3.1 Network Switches
10.1.3.2 Routers and WLAN
10.1.3.3 Servers and Storage
10.1.3.4 Others
10.2 Software
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 IT and Infrastructure Services
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Telecommunication Services
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
11 India ICT Market by Industry Vertical
11.1 BFSI
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 IT and Telecom
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Government
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Retail and E-Commerce
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Manufacturing
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Energy and Utilities
11.6.1 Historical Trend (2018-2023)
11.6.2 Forecast Trend (2024-2032)
11.7 Others
12 India ICT Market by Region
12.1 North India
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 East and Central India
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 West India
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 South India
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyer’s Power
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators for Demand
13.4 Key Indicators for Price
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 IBM Corp.
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Microsoft Corp.
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Google LLC
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Accenture Plc
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Tata Consultancy Services Ltd.
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Tech Mahindra Ltd.
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 Infosys Ltd.
14.2.7.1 Company Overview
14.2.7.2 Product Portfolio
14.2.7.3 Demographic Reach and Achievements
14.2.7.4 Certifications
14.2.8 Wipro Ltd.
14.2.8.1 Company Overview
14.2.8.2 Product Portfolio
14.2.8.3 Demographic Reach and Achievements
14.2.8.4 Certifications
14.2.9 HCL Technologies Ltd.
14.2.9.1 Company Overview
14.2.9.2 Product Portfolio
14.2.9.3 Demographic Reach and Achievements
14.2.9.4 Certifications
14.2.10 Bharti Airtel Ltd.
14.2.10.1 Company Overview
14.2.10.2 Product Portfolio
14.2.10.3 Demographic Reach and Achievements
14.2.10.4 Certifications
14.2.11 Others
15 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Asia Pacific ICT Market: Key Industry Highlights, 2018 and 2032
2. India ICT Market: Key Industry Highlights, 2018 and 2032
3. India ICT Historical Market: Breakup by Type (USD Billion), 2018-2023
4. India ICT Market Forecast: Breakup by Type (USD Billion), 2024-2032
5. India ICT Historical Market: Breakup by Industry Vertical (USD Billion), 2018-2023
6. India ICT Market Forecast: Breakup by Industry Vertical (USD Billion), 2024-2032
7. India ICT Historical Market: Breakup by Region (USD Billion), 2018-2023
8. India ICT Market Forecast: Breakup by Region (USD Billion), 2024-2032
9. India ICT Market Structure
Key Questions Answered in the Report
The market was valued at nearly USD 114.68 billion in 2023.
The market is projected to grow at a CAGR of 13.1% between 2024 and 2032.
The market is assessed to witness healthy growth in the forecast period to reach around USD 347.25 billion in 2032.
The different types of ICT in the market include hardware, software, IT and infrastructure services, and telecommunication.
The different industry verticals in the market include BFSI, IT and telecom, government, retail and e-commerce, manufacturing, and energy and utilities, among others.
The different regions covered in the market report are North India, East and Central India, West India, and South India.
The key market players are IBM Corp., Microsoft Corp., Google LLC, Accenture Plc, Tata Consultancy Services Ltd., Tech Mahindra Ltd., Infosys Ltd., Wipro Ltd., HCL Technologies Ltd., and Bharti Airtel Ltd., among others.
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