IT spending in India to cross $87 billion in 2018, says research firm Gartner
Software spending is projected to grow 15.3 percent in 2018 to reach $5.7 billion, while IT services spending is on pace to grow by 13.8 percent in 2018 to reach $14.3 billion.

New Delhi: IT spending in the country is projected to grow by 9.2 percent to $87.1 billion in 2018 from this year, research firm Gartner on Tuesday said.IT spending across areas like IT services, communications services, data centre systems, devices and enterprise software, is estimated to touch $79.7 billion in 2017.[caption id="attachment_4209597" align="alignleft" width="380"]
Representational image. Reuters.[/caption]"The IT buying landscape is changing. Digital business transformation is creating connected platforms and new industry revenue streams," Gartner India Managing Vice President Ganesh Ramamoorthy said.He added that 'digital disruptors' are emerging in all industries including traditional grocery markets and consumer durables.Enterprise software and IT services continue to exhibit strong growth, with devices segment continuing to drive the majority of overall IT spending in India, according to Gartner.Software spending is projected to grow 15.3 percent in 2018 to reach $5.7 billion, while IT services spending is on pace to grow by 13.8 percent in 2018 to reach $14.3 billion.The devices segment is expected to register an increase of 13 percent in 2018.

BOJ seen raising interest rates by December as weak yen fuels inflation risks
'From make in India to launch from India': Skyroot COO on why Vikram-1 could change India’s space sector
Google burns cash for first time as AI spending pushes 2026 capex to $205 billion
Tesla sells more cars but makes less money: Why Musk’s AI pivot is squeezing profits
No premium queues, 30-minute target: What changes for Indian passport applicants in UAE

