Security software is expected to have the strongest growth (19.7%) as security-as-a-service offerings and detection and response capabilities improve
Infrastructure software revenue in India will total USD 4.6 billion in 2021, a 12% increase from 2020, according to Gartner.
“In 2021, Indian CIOs will continue to focus on maintaining business resiliency and enabling a seamless and secure remote working ecosystem for their organization,” said Vanitha D’Silva, senior principal research analyst at Gartner. “Technology was a key enabler for business to thrive during the pandemic, even with lower cash flows and struggling economies. CIOs in India understand that IT can be the driving force for their organizations’ growth and stability during unprecedented times. The renewed trust in automation, information management and integration will act as a catalyst for growth in infrastructure software spending.”
All enterprise infrastructure software segments are forecast to return to growth in 2021 (see Table). Security software is expected to have the strongest growth (19.7%) as security-as-a-service offerings and detection and response capabilities improve. The data integration tools and data quality tools segment will see the second highest growth (18.7%) as a result of rapid cloud adoption in the country.
Table: India Infrastructure Software Revenue Forecast (Millions of US Dollars)
In addition to security, the data integration tools and data quality tools segment will also experience strong growth in 2021. As remote working continues in 2021, so does the need for more scalable, secure and reliable data integration tools for businesses. While there are multiple product offerings available in the data management market, CIOs will prefer those offering multiple data and analytic technologies in 2021.