In reports: Indian IT infrastructure market to reach $2.05 billion by 2012 end
Added On:5/16/2012 12:21:00 PM
As per a latest update, Indian IT infrastructure market will reach $2.05 billion, a 10.3 percent boost over 2011’s value. The value is further expected to reach $3.01 billion by 2016.
It is worth noticing, IT infrastructure market comprises of servers, storage and networking equipments.
Sources informed, servers, which is a significant segment of the Indian IT infrastructure market, are expected to touch a benchmark of $754.5 million by 2012 end and will grow to $967.2 million by 2016.
In addition, the external controller-based storage disk market in India is likely to grow from $439.4 million in end-user spending to $842 million by 2016.It is said that external controller-based storage disk market is one of the fastest growing segment within the IT infrastructure market.
As far as the enterprise network equipment market (including LAN and WAN equipment) is concerned, it is likely to jump from $861 million in 2012 and to $1.2 billion by 2016.
Naresh Singh, Principal Research Analyst at Gartner group, has shared his views that Indian IT organizations are making a big shift from a distributed IT setup to a more manageable and efficient centralized model. As a result, it is leading to consolidation of branch and remote IT resources into fewer, but larger data centers.
Tags: Indian IT, IT news, latest IT news, enterprise network equipment market, Indian IT infrastructure market , external controller-based storage disk market, Naresh Singh, Principal Research Analyst, Gartner
A program aiming at incubating, funding and supporting technology start-ups in India, which is going to be spread over the next ten years, has been officially announced by Nasscom, the leading IT indu...
Information provided on this page has been independently obtained from sources believed to be reliable. However, such information may include inaccuracies, errors or omissions.ITVoir.com, and its affiliates, information providers or content providers, shall have no liability to you or third parties for the accuracy, completeness, timeliness or correct sequencing of information available on this page, or for any decision made or action taken by you in reliance upon such information, or for the delay or interruption of such information. ITVoir.com,its affiliates, information providers and content providers shall have no liability for investment decisions or other actions taken or made by you based on the information provided.