India’s IT services market to double in 5 years
India’s IT services market will double, 5-year period between 2008 to 2013, it will reach 12.8bn, according to a study released on Wednesday.
It is a springboard for research, the country’s domestic IT services industry expected to grow by an annual compound growth rate (CAGR) of 18.6 Ba Nian two hundred percent to 2013, mainly affected by India’s infrastructure services, value of 7.2 bn (45 million pounds), which will account for 53 percent of the overall market.
Infrastructure services within the host was marked the highest growth rate over the forecast period, followed by corporate outsourcing, network integration and network management.
