Press Releases

Goa, India, October 17, 2014

Gartner Says India Enterprise Software Market To Reach $4.2 Billion in 2014

Emerging Digital Business Technologies Will Lead To Increasing Investments In Software

Key Industry Trends Are Being Addressed At Gartner Symposium/ ITxpo, 14-17 October, in Goa

The enterprise software market in India is projected to reach $4.2 billion in 2014, a 13 per cent increase over 2013 revenue of $3.7 billion, according to Gartner, Inc. The market is projected to total $4.7 billion in 2015.

Compounding the demand for enterprise software is the ongoing tendency for greater customer services along with the continued drive for IT cost savings.

The incorporation of emerging technologies into solutions, such as mobility, social, cloud and business process management is also driving growth. Gartner analysts said these new technologies, as well as the demand for agility, is bringing a sense of urgency, and demand, for IT investments.

“India enjoys the rich presence of international software and hardware vendors, backed by a very strong ecosystem of system integrators, service providers and business partners,” said Bhavish Sood, research director at Gartner. “The combination of sustainable domestic demand, presence of global vendors, entry of new small vendors and the Nexus of Forces (as Gartner defines it as the convergence of new mobile, social, cloud and information computing environments) are the key drivers for high sustainable growth for India.”

Table 1

India Software Revenue in Constant Currency (Millions of U.S. Dollars)





Infrastructure Software







Growth (%)



Enterprise Application Software






Growth (%)




Total Revenue (M) Constant Currency




Total Growth (%) Constant Currency




Source: Gartner (October 2014)

In 2014, India is expected to be the fourth largest enterprise software market in Asia/Pacific. By 2018, India’s share of the software market in Asia/Pacific is expected to reach $6.8 billion.

“The penetration of IT infrastructure has been growing rapidly during the past decade, fueled by the adoption of technology by a larger percentage of the domestic population, the growing maturity of users and incremental enhancements in technology, “said Mr. Sood.

High domestic demand comes from users who want affordable country-specific products because not all global solutions can be directly deployed, thus opening up an opportunity for local vendors to come up with innovative products.

Additional information is available in the Gartner report Forecast: Enterprise Software Markets, Worldwide, 2011-2018, 3Q14 Update. This is available on

 About Gartner Symposium/ITxpo

Gartner Symposium/ITxpo is the world's most important gathering of CIOs and other senior IT executives. This event delivers independent and objective content with the authority of the world's leading IT research and advisory organization, and provides access to the latest solutions from key technology providers. Gartner's annual Symposium/ITxpo events are key components of attendees' annual planning efforts. IT executives rely on these events to gain insight into how their organizations can use IT to address business challenges and improve operational efficiency.

Additional information for Gartner Symposium/ITxpo 2014 in Goa, October 14-17, is available at Members of the media can register for the event by contacting Sony Shetty at

 Additional information from the event will be shared on Twitter at and using #GartnerSYM.

 Upcoming dates and locations for Gartner Symposium/ITxpo include:

October 27-30, Sao Paulo, Brazil:

October 28-30, Tokyo, Japan:

November 9-13, Barcelona, Spain:

November 17-20, Gold Coast, Australia:

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