Gartner forecasts infrastructure software revenue in India to grow 12% in 2021

Infrastructure software revenue in India is forecast to total $4.6 billion in 2021, a 12% increase from 2020, according to the latest forecast by Gartner, Inc. While all segments are expected to return to growth this year, security software is forecast to have the strongest growth at nearly 20% as security-as-a-service offerings and detection and response capabilities improve. Data tools and data quality tools segment will also grow fast as a result of the rapid cloud adoption.

“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.”