
Governments of India IT spending will see an increase of 4.3 percent over 2013, spending $6.4 billion USD on IT products and services in 2014 according to Gartner. This forecast includes spending by both state and central government on internal IT, hardware, software, external IT services and telecommunications.
“IT services, which includes consulting, implementation, IT outsourcing and business process outsourcing, will be the largest overall spending category throughout the forecast period within the government sector,“ said Anurag Gupta, research director at Gartner. “IT services are expected to grow 3.8 percent in 2013 to reach $1.46 billion USD in 2014, up from $1.37 billion in 2013 – with the business process outsourcing segment growing 16.3 percent in 2014.”
Internal services will achieve a growth rate of 9.4 percent in 2014. Internal services refer to salaries and benefits paid to the information services staff of an organization. The information services staff includes all company employees that plan, develop, implement and maintain information systems.
Software will achieve the highest growth rate within spending categories with 10.3 percent in 2014 to reach $758 million USD in 2014, up from $687 million in 2013, led by growth in vertical specific software.
ICT service providers will benefit by eGovernment projects and citizen participation aided by expansion of affordable broadband connectivity and mobile solutions.
Add new comment