Indian IT spending to grow 11.1% to $161.5 billion in 2025: Gartner

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India’s overall IT spending is expected to grow 11.1% year-on-year to $161.5 billion in 2025, according to the latest forecast by research and consulting firm Gartner.IT spending last year was $145.4 billion, which was a 9.8% growth over the previous year.

While the forecast for this year is a tad lower in percentage terms from Gartner’s November estimate of 11.2%, in absolute terms the spending is set to increase from $160 billion earlier estimated for 2025.

In comparison, the worldwide IT spending is estimated to increase by 9.8% to $5.61…



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Indian IT spending to grow 11.1% to $161.5 billion in 2025: Gartner


India’s overall IT spending is expected to grow 11.1% year-on-year to $161.5 billion in 2025, according to the latest forecast by research and consulting firm Gartner.IT spending last year was $145.4 billion, which was a 9.8% growth over the previous year.

While the forecast for this year is a tad lower in percentage terms from Gartner’s November estimate of 11.2%, in absolute terms the spending is set to increase from $160 billion earlier estimated for 2025.

In comparison, the worldwide IT spending is estimated to increase by 9.8% to $5.61…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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