Indian IT infra market to grow by 4% to $1.9b in 2014
May 12 2014 , Bangalore
The combined investments into the segment stood at over $1.86 billion last year.
In the global landscape, India is a promising IT Infrastructure market through 2017, said Mike Harris, research group vice president at Gartner, said in a statement today.
"The global IT infrastructure investment is expected to be almost flat in 2014 and will be primarily driven by hyper scale and data center modernisation initiatives," he said.
Indian IT infrastructure is poised to be a $2.35 billion market by 2017, Naveen Mishra, research director at Gartner, said.
"After sluggish market conditions in 2013, the Indian infrastructure market will witness investments primarily fuelled by key IT initiatives that include mobility, cloud and big data," he was quoted as saying by the Gartner release.
Indian enterprises will be focusing on building intelligent data centers that focus on optimising existing hardware assets by using additional software capabilities, Gartner said.
This, it said, will drive increased attention on newer trends such as public cloud, and integrated systems.
Within the Indian IT infrastructure market, server revenue is forecast to reach $663 million in 2014, a 1 per cent decline from $670 million in 2013.
The server market is expected to return to positive growth in 2015 when revenue is forecast to total $697 million, it said.
Enterprise networking is the biggest segment with revenue expected to touch $887 million in 2014 as against $846 million last year. Data center consolidation and virtualisation along with cloud and mobility are the key trends influencing network purchases, it said.
"There is great potential for both users and vendors to leverage some of the emerging technologies to be ready for the future," Gartner said.
The storage market is on pace to reach $384 million this year, an 11 per cent increase from $346 million in 2013. Storage modernisation and consolidation, backup and recovery, and disaster recovery are some of the key drivers to this market, and they are likely to remain relevant drivers over the forecast period through 2017, it added.