In financial year 2023, the market size of India's technology sector was estimated to achieve *** billion U.S. dollars. The IT services had the largest share, at *** billion dollars. It is an *** percent increase in comparison with the previous year. Most of the value was generated by export.

In financial year 2023, the market size of India's technology sector was estimated to achieve *** billion U.S. dollars. It is an *** percent increase in comparison with the previous year. Exports accounted for most of the market size.

Gain insights into the India EdTech Sector Trends, showcasing growth opportunities driven by technology advancements and innovation, with a market size at USD 5.13 billion in 2023.

India IT Industry Revenue: USD: IT Services: Domestic data was reported at 17.000 USD bn in 2019. This stayed constant from the previous number of 17.000 USD bn for 2018. India IT Industry Revenue: USD: IT Services: Domestic data is updated yearly, averaging 8.476 USD bn from Mar 2000 (Median) to 2019, with 20 observations. The data reached an all-time high of 17.000 USD bn in 2019 and a record low of 1.500 USD bn in 2000. India IT Industry Revenue: USD: IT Services: Domestic data remains active status in CEIC and is reported by National Association of Software and Service Companies. The data is categorized under Global Database’s India – Table IN.TF007: Information Technology Statistics: National Association of Software and Service Company: IT-BPM: Domestic Revenue.

In the financial year 2025, the revenue of the IT industry in India reached *** billion U.S. dollars. Within the tech industry, the IT services segment had the largest share of revenue at *** billion dollars during the same year.

The India ICT market, valued at approximately $XX million in 2025, is experiencing robust growth, projected to expand at a CAGR of 9.04% from 2025 to 2033. This expansion is fueled by several key drivers. The rising adoption of digital technologies across various sectors, including BFSI, IT and Telecom, Government, Retail and E-commerce, and Manufacturing, is a primary catalyst. Increased government initiatives promoting digitalization and infrastructure development, coupled with a burgeoning young and tech-savvy population, further contribute to market growth. The market is segmented by type (Hardware, Software, IT Services, Telecommunication Services), enterprise size (Micro, Small, and Medium Enterprises, Large Enterprises), industry vertical, and geography (North, East, West, South). While the precise regional breakdown is unavailable, we can infer that the growth is likely distributed across regions, with potentially higher contributions from urban centers and economically advanced states. However, challenges remain, including infrastructure gaps in certain regions, cybersecurity concerns, and the need for skilled workforce development. Despite these challenges, the long-term outlook for the India ICT market remains positive. The ongoing digital transformation across industries, coupled with the government's focus on building a digital economy, will continue to drive demand for ICT solutions and services. The competitive landscape is dominated by both global and domestic players, including Tata Consultancy Services, HCL Technologies, Infosys, and others. These companies are actively investing in innovation and expanding their service offerings to cater to the evolving needs of the market. The increasing adoption of cloud computing, artificial intelligence, and the Internet of Things (IoT) presents significant opportunities for growth within specific segments of the market. The sustained growth trajectory indicates a promising future for the India ICT sector, particularly given India's position as a global technology hub. Recent developments include: May 2023: Solarwinds and Infoysis have announced a collaboration to advance the shift of SolarWinds solutions to a new SaaS model. Through this engagement, Infosys will leverage its engineering capabilities to accelerate the SaaSification of SolarWinds products and platforms built to increase customer visibility in highly complex hybrid and multi-cloud environments. This collaboration is a key component of the SolarWinds strategy to offer accessible, highly effective, and value-based solutions built to empower its customers to accelerate their digital transformation efforts regardless of where they are on their journey to the cloud., October 2022: HCL Technologies announced the expansion of its strategic partnership with Google Cloud, adding new capabilities and service options to speed up HCL Tech's cloud migration. Together, the two companies will fortify their partnership, significantly enhancing HCL Tech's capacity to support digital transformation and offer enterprise clients professional services, critical migration, and system modernization.. Key drivers for this market are: Rising Need to Explore and Adopt Digital technologies and Initiatives. Potential restraints include: Rising Need to Explore and Adopt Digital technologies and Initiatives. Notable trends are: Micro, Small, and Medium Enterprises to Register Significant Growth.

The Report Covers India's Big Data Services Market Trends and is Segmented by Type (Solution, Services), Organization Size (Small & Medium Enterprise, Large Enterprise), and End-User Vertical (BFSI, Retail, Telecommunication & IT, Media & Entertainment, Healthcare). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

India IT Training Market was valued at USD 9.8 billion in 2024 and is expected to reach at USD 12.95 Billion in 2030 and project robust growth in the forecast period with a CAGR of 4.6% through 2030.

The India IT Hardware Market report segments the industry into PCs and Workstations (End-user, Segmentation by Region, and more.), Enterprise Networking Hardware (Enterprise, Industry, and more.), Enterprise Storage Devices (Enterprise, Industry, and more.), Servers (Enterprise, Industry, and more.), Other Hardware (Includes Hard Copy Peripherals such as Printers and Copiers), and Region.

India IT Industry Revenue: USD: Domestic data was reported at 41.000 USD bn in 2019. This stayed constant from the previous number of 41.000 USD bn for 2018. India IT Industry Revenue: USD: Domestic data is updated yearly, averaging 20.380 USD bn from Mar 1997 (Median) to 2019, with 23 observations. The data reached an all-time high of 48.000 USD bn in 2015 and a record low of 2.661 USD bn in 1997. India IT Industry Revenue: USD: Domestic data remains active status in CEIC and is reported by National Association of Software and Service Companies. The data is categorized under Global Database’s India – Table IN.TF007: Information Technology Statistics: National Association of Software and Service Company: IT-BPM: Domestic Revenue.

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India IT and BPO Services Market Size 2025-2029

The India IT and BPO services market size is forecast to increase by USD 214.8 billion, at a CAGR of 12.3% between 2024 and 2029.

The IT and BPO Services Market in India is segmented by end-user (finance, insurance, telecom, healthcare, others), type (export, domestic), product (IT services, BPM, software and research and development), outsourcing type (onshore, offshore, nearshore), deployment (on-premise, cloud), and geography (India). This segmentation reflects the market's robust growth, driven by strong demand for IT services and BPM in finance and healthcare sectors, significant export-oriented offshore outsourcing, and increasing adoption of cloud-based solutions across India.
The IT and BPO market in India is experiencing significant growth, driven by several key factors. One major trend is the increasing cost pressure for businesses to maintain their in-house IT systems. This has led to a rise in the adoption of IT and business process outsourcing as a cost-effective alternative. Another trend is the growing preference for application outsourcing, which enables companies to focus on their core competencies while outsourcing non-core functions.
However, effective communication between clients and companies remains a challenge. Despite this, the benefits of IT services and BPO services, such as cost savings, improved efficiency, and access to skilled resources, continue to attract businesses in various industries. As the market continues to evolve, it is essential for organizations to carefully evaluate their outsourcing strategies to maximize the value they derive from these services.

What will be the Size of the Market During the Forecast Period?

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The market continues to evolve, driven by the increasing adoption of artificial intelligence (AI) and the need for niche BPO services among businesses. Skilled labor, incentives such as tax breaks, and macroeconomic factors are key market dynamics. B2G, B2B, and B2C enterprises are increasingly turning to BPO services for technology spending optimization, particularly in areas like payroll, accounting, telemarketing, data processing, forms processing, running support, troubleshooting, problem resolution, software, hardware, peripherals, and up-selling. The ITES industry offers both horizontal services, catering to multiple industries, and vertical-specific services, addressing unique business requirements. AI technologies are transforming BPO services, enabling automation and improving efficiency, while internal resources and core competency remain crucial considerations for businesses.

How is this market segmented and which is the largest segment?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

End-user

  Finance
  Insurance
  Telecom
  Healthcare
  Others


Type

  Export
  Domestic


Product

  IT services
  BPM
  Software and research and development


Outsourcing Type

  Onshore
  Offshore
  Nearshore


Deployment

  On premise
  Cloud


Geography

  India

By End-user Insights

The finance segment is estimated to witness significant growth during the forecast period. The market, particularly in the finance sector, experiences significant growth due to the increasing number of banking and financial institutions. These organizations rely on IT services for managed IT infrastructure management and BPO services for customer support and sales, enabling them to concentrate on their core operations. Global finance institutions increasingly depend on India for their IT and BPO requirements, contributing to the market's expansion. Key areas of focus include data security, ERP systems, personalized services, data processing, forms processing, running support, troubleshooting, and problem resolution. The market's growth is driven by the need for efficient and cost-effective services, ensuring data security, and addressing attrition rates within the ITES industry.

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India IT and BPO Services Market Dynamics

The India IT BPO services market is experiencing significant growth, driven by increasing demand for IT outsourcing India and comprehensive BPO services India. Businesses are prioritizing Digital Transformation India, leveraging advanced technologies like AI in Indian BPO and Cloud computing India to achieve operational excellence. The focus remains on delivering cost-effective BPO solutions India while addressing specific industry needs, particularly in Healthcare BPO India. Ensuring robust Cybersecurity India IT services is paramount. The strength of the Indian IT talent pool continues to be a

India Membrane Separation Technology Market growth is anticipated to be positively influenced by increased usage of this technology in dairy processing & beverage industries coming years

According to Cognitive Market Research, the global IT Services market size was USD 984.8 billion in 2022 and will grow at a compound annual growth rate (CAGR) of 8.70% from 2023 to 2030. Key Opportunities of the IT Services Market

Increasing Number Of Smart Cities Supports Industry Growth

Governments throughout the world are investing in the creation of smart cities. With research money and environmental aims for member countries, the European Union supports smart city activities. Smart cities are also becoming more popular in developing countries. Around 300 smart city pilot projects are being developed in China and India alone. These objectives necessitate the implementation of cutting-edge IT infrastructure.

The emergence of AI is significantly driving the IT Services Market

This will be a big future growth driver for the IT services industry. Tencent also pledged a $70 billion investment in artificial intelligence, cloud computing, and cybersecurity between 2022 and 2030. Chinese firms have shown a significant desire to establish themselves in India through investments.

(Source:www.cnbc.com/2020/05/27/china-tech-giant-tencent-pledges-70-billion-investment-in-ai-cloud.html)

Still, their condition has deteriorated as New Delhi's attitude toward Chinese technology and investment in its domestic market has shifted. This will be a major future growth driver for the IT services sector.

Market Dynamics of IT Services Market

Key Drivers for IT Services Market

Quick Digital Change in All Sectors: Businesses in a variety of industries, including manufacturing, retail, healthcare, and finance, are quickly digitizing their processes to boost productivity, customer satisfaction, and competitive standing. This change is driving up demand for IT services including software integration, infrastructure management, and cloud migration, particularly from businesses implementing automation and data-driven tactics. Growing Use of Hybrid IT Models and Cloud Computing: IT service providers are in great demand for consultation, implementation, and managed services as companies shift from on-premise infrastructure to cloud-based solutions. Recurring revenue opportunities in deployment, migration, security, and optimization services are being created by the growth of hybrid and multi-cloud solutions.

Key Restraints for IT Services Market

High labor costs and a lack of talent: The ability of service providers to grow is being constrained by the worldwide lack of qualified IT workers, particularly in the fields of artificial intelligence, cybersecurity, cloud architecture, and DevOps. Profit margins are also being strained by the high expense of recruiting and keeping skilled workers, especially for mid-sized businesses. Privacy and Data Security Issues with Outsourcing: Because of worries about data breaches, third-party access, and regulatory issues, businesses are still hesitant to outsource critical activities. These issues may cause businesses that handle sensitive or proprietary data to postpone or cut back on their use of outside IT service providers.

Key Trends for IT Services Market

Rise of Automation, AI, and Integration with AIOps: In order to boost predictive maintenance, automate repetitive processes, and improve decision-making, AI and machine learning are being included into IT service delivery models. Infrastructure management is being revolutionized by the emergence of AIOps (Artificial Intelligence for IT Operations), which enables proactive problem solving and efficient resource utilization. Growth in As-a-Service and Managed Offerings: Managed services and "as-a-service" models (such as SaaS, IaaS, PaaS, and Security-as-a-Service) are rapidly replacing traditional IT support. These models are appealing to both major corporations and small businesses due to their predictable costs, scalability, and decreased internal IT burden.

Impact of the COVID-19 Pandemic on the IT Services Market:

The epidemic has expedited digital transformation across industries, as firms have had to adjust to distant work and online operations. This raised demand for IT services such as cloud computing, cybersecurity, and digital transformation consultancy. Companies needed to quickly integrate remote collaboration solutions, improve their cybersecurity procedures, and optimize their digital infrastr...

The India IT services market size reached USD 39.83 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 75.03 Billion by 2033, exhibiting a growth rate (CAGR) of 7.30% during 2025-2033. The market is driven by digital transformation, cloud adoption, AI and automation, rising cybersecurity needs, and a growing startup ecosystem. Increasing outsourcing demand, government initiatives like Digital India, 5G expansion, and skilled workforce availability further fuel the India IT services market share, attracting global investments and innovation.

The India IT training market was valued at USD 4.04 Billion in 2024. The industry is expected to grow at a CAGR of 8.80% during the forecast period of 2025-2034 to reach a value of USD 9.39 Billion by 2034.

The market is a rapidly evolving ecosystem reshaped by AI integration, cloud-based learning platforms, and government-industry collaborations. According to a 2025 report, the country’s tech workforce is expected to grow by 20%, with over 2 million professionals requiring upskilling in AI, cybersecurity, and cloud computing. As of March 2025, the Ministry of Electronics and Information Technology (MeitY) launched FutureSkills Prime, targeting 4.12 lakh learners annually in niche digital domains.

In addition, the Digital India program is revolutionizing the India IT training market dynamics. With the Union Budget 2024–25 for digital skilling aiming for 20 lakh youth and R&D innovation clusters, a new generation of training institutions is expected to emerge. These institutions offer immersive learning via XR and simulation labs, other than conventional PPT lectures. Partnerships like Infosys Springboard and TCS iON’s career edge platforms are now supporting MSMEs to upgrade workforce skills flexibly, thus fueling market demand in tier-II and tier-III cities.

Moreover, the growing popularity of cloud computing training among tech professionals, due to the ongoing cloud demand, is a prominent trend aiding the India IT training market expansion. With the increased shift of enterprises towards a hybrid cloud model, there is a surge in the number of job openings in the cloud sector, which boosts the demand for cloud-based training.

Overview This dataset contains tech job listings scraped from trusted job portals such as Indeed, Glassdoor specifically targeting the Indian job market. It spans 5 major tech categories:

• Software Engineering
• Data Science
• Cyber Security
• Information Technology (IT)
• Product Management

Use Cases - Analyze job trends across Indian cities and tech domains - Compare salary ranges by role and location - Train NLP models for job classification or resume matching - Build a job recommender or a hiring dashboard

Tools Used - jobspy for scraping job listings from multiple sites - Python + Pandas for organizing and combining data

Scraped within the last 320 hours, ensuring a fresh and relevant snapshot of the Indian tech job market.

The goal is to provide a comprehensive dataset to explore India’s evolving tech job landscape, with rich metadata including job titles, salaries, companies, job types, and full descriptions.

The India ICT (Information and Communication Technology) market is experiencing robust growth, fueled by increasing digitalization, government initiatives like Digital India, and rising smartphone penetration. The market, valued at approximately $XX million in 2025 (assuming a base year value based on extrapolation from the 2019-2024 historical data and considering the given CAGR of 9.04%), is projected to maintain a strong Compound Annual Growth Rate (CAGR) of 9.04% throughout the forecast period (2025-2033). This expansion is driven by the growing adoption of cloud computing, big data analytics, artificial intelligence (AI), and the Internet of Things (IoT) across various sectors. The BFSI (Banking, Financial Services, and Insurance), IT and Telecom, and Government sectors are key contributors, with significant investments in ICT infrastructure and services to enhance operational efficiency and customer experience. The Software segment, benefiting from the increasing demand for customized solutions and digital transformation initiatives, is expected to be a major growth driver. While challenges such as cybersecurity threats and the digital divide persist, the overall market outlook remains positive, with substantial opportunities for both established players and new entrants. The segmentation of the market reveals diverse growth patterns. Large enterprises are currently leading the adoption of advanced ICT solutions, but SMEs are increasingly embracing these technologies, thereby expanding the market further. Geographically, the market's growth is likely to be more concentrated in regions with higher levels of digital literacy and infrastructure development (assuming a disproportionate concentration in the West and South regions based on current economic and technological trends). Competition is fierce among numerous domestic and multinational players. Leading companies like Reliance Jio, Infosys, TCS, and Wipro are investing heavily in R&D and strategic acquisitions to maintain their market position. The increasing focus on 5G infrastructure deployment and the burgeoning startup ecosystem further contribute to the dynamism and competitiveness of the Indian ICT market. The forecast for the coming years suggests a sustained upward trajectory, offering significant growth potential for stakeholders across the entire value chain. This report provides a detailed analysis of the dynamic India ICT market, covering the period from 2019 to 2033. With a base year of 2025 and a forecast period spanning 2025-2033, this study offers invaluable insights for businesses operating within or considering entry into this rapidly expanding sector. The report leverages a wealth of data collected during the historical period (2019-2024) to accurately predict future market trends and growth opportunities. Key players analyzed include Reliance Jio, Mphasis Limited, Infosys Limited, Wipro Limited, Accenture PLC, Atria Convergence Technologies Ltd, HCL Technologies, Allied Digital Services Ltd, Vodafone India, Tata Consultancy Services Limited, Tech Mahindra Ltd, Bharti Airtel Limited, IBM Global Services, Mindtree Ltd, BSNL, and Capgemini Technology Services India Ltd. This is not an exhaustive list. Recent developments include: May 2023: Solarwinds and Infoysis have announced a collaboration to advance the shift of SolarWinds solutions to a new SaaS model. Through this engagement, Infosys will leverage its engineering capabilities to accelerate the SaaSification of SolarWinds products and platforms built to increase customer visibility in highly complex hybrid and multi-cloud environments. This collaboration is a key component of the SolarWinds strategy to offer accessible, highly effective, and value-based solutions built to empower its customers to accelerate their digital transformation efforts regardless of where they are on their journey to the cloud., October 2022: HCL Technologies announced the expansion of its strategic partnership with Google Cloud, adding new capabilities and service options to speed up HCL Tech's cloud migration. Together, the two companies will fortify their partnership, significantly enhancing HCL Tech's capacity to support digital transformation and offer enterprise clients professional services, critical migration, and system modernization.. Key drivers for this market are: Rising Need to Explore and Adopt Digital technologies and Initiatives. Potential restraints include: Managing Regulatory and Compliance Needs Across the World. Notable trends are: Micro, Small, and Medium Enterprises to Register Significant Growth.

India healthcare IT market size reached USD 16.1 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 93.4 Billion by 2033, exhibiting a growth rate (CAGR) of 20.52% during 2025-2033. Government initiatives and increasing digital literacy are helping in ensuring a more efficient, accessible, and technologically advanced healthcare landscape in the country, which is primarily augmenting the market growth.

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on product and services, component, delivery mode, and end user.

In India Sports Technology Market is projected to grow from USD 6.2 billion in 2025 to USD 16.7 billion by 2031, at a CAGR of 17.6%

India 5G Technology Market was valued at USD 25.6 billion in 2024 and is expected to reach at USD 159.1 Billion in 2030 and project robust growth in the forecast period with a CAGR of 35.4% through 2030