The India IT Services Market Report is Segmented by Service Type (IT Consulting and Implementation, IT Outsourcing, Business Process Outsourcing, and More), End-User Enterprise Size (Small and Medium Enterprises, and Large Enterprises), Deployment Model (Onshore Delivery, and More), and End-User Vertical (BFSI, Manufacturing, Government and Public Sector, and More). The Market Forecasts are Provided in Terms of Value (USD).

The retail market size in India was expected to amount to *** trillion U.S. dollars by 2026, up from *** trillion dollars in 2023. While an overall increase was noted up to 2019, 2020 marked a decrease due to the coronavirus pandemic. The Indian retail landscape Despite the pandemic, India was among the few countries showing growth in retail sales in 2020. Characterized by its unorganized retail, primarily via kirana stores, the country underwent a process of change in retail forms, which is yet to pace down. The emergence of larger retail spaces such as malls and supermarkets, along with the growth of online commerce, drove change in the subcontinent’s retail landscape. Nevertheless, kirana stores continued to dominate Indian retail, adopting digitalization and collaboration with larger players in this sector. The dominance of grocery retail   The retail of groceries contributed as much as ** percent to India’s retail industry. However, only a small share of that was sold through online or modern retailers. The coronavirus (COVID-19) pandemic in 2020 gave online retail a new push to e-grocers. As products were sometimes not available at physical stores, online grocers such as BigBasket managed to fill that gap successfully.

The AI market size in India was around *** billion U.S. dollars in 2024. Among all the segments, machine learning had the largest share at *** billion dollars. Artificial intelligence has been responsible for drastic changes in the technology sector where it can greatly improve productivity through process simplification and automation. It is also an integral part and one of the fundamental bases of Industry 4.0. IT industry in India The IT industry in India is a huge industry which consists of information technology services, consulting, and outsourcing. India’s IT services industry was born in Mumbai in 1967 when Tata Consultancy Services was established. India made up to more than ** percent of the global IT spending in financial year 2021. Within the global IT industry, India is renowned for its IT outsourcing services, and with governmental support and foreign investments, the industry is also developing technologies relative to AI and IoT. AI technologies The main branches of an AI ecosystem are machine learning, robotics, artificial neural networks, and Natural Language Processing (NLP). In machine learning, software programs run through existing data, and apply the learned knowledge to new data or to predict data. In the field of robotics, it develops and trains robots for various applications. A prominent example is autonomous vehicles, though the level of autonomy varies, it was estimated that between 2024 and 2025, fully autonomous cars could be seen in the market.

India software market size reached USD 21.1 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 61.5 Billion by 2033, exhibiting a growth rate (CAGR) of 11.7% during 2025-2033. The increasing demand for cloud computing, which offers scalability, flexibility, and cost-effectiveness, thereby allowing businesses to access and deploy software applications without the need for extensive infrastructure, is driving the market.

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 type, deployment mode, enterprise size, and industry vertical.

The India Location-Based Services Market report segments the industry into By Component (Hardware, Software, Services), By Location (Indoor, Outdoor), By Application (Mapping and Navigation, Business Intelligence and Analytics, Location-based Advertising, Social Networking and Entertainment, and more), and By End-User (Transportation and Logistics, IT and Telecom, Healthcare, Government, BFSI, Hospitality, and more).

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.

Forecast: Dates Market Size Volume in India 2024 - 2028 Discover more data with ReportLinker!

The India Private Equity Market is Segmented by Fund Type (Buyout and Growth, Venture Capital, Mezzanine and Distressed, and More), Sector (Technology, Healthcare, Real Estate, Financial Services, Consumer and Retail, Industrials, Telecom, and More), Investments (Large Cap, Upper-Middle Market, and More), and Region (North, West, South, East and Northeast, and Central). The Market Forecasts are Provided in Terms of Value (USD).

India ICT market reached around USD 114.68 Billion in 2024. It is projected to grow at a CAGR of 13.10% during 2025-2034 to reach nearly USD 392.75 Billion by 2034.

In 2023, the market size for generative artificial intelligence (GenAI) was around *** billion U.S. dollars. It was estimated that between 2023 and 2030 the compound annual growth rate would reach ** percent. As of July 2024, ************ GenAI startups in India were in code and data segment.

India Data Center Storage Market is Segmented by Storage Technology (Network Attached Storage, Storage Area Network, and More), Storage Type (Traditional Storage, All-Flash Storage, Hybrid Storage), Data Center Type (Colocation, Hyperscale/Self-built, and More), End-User Industry (IT and Telecommunication, and More). The Market Forecasts are Provided in Terms of Value (USD).

Forecast: Apples Market Size Volume in India 2023 - 2027 Discover more data with ReportLinker!

Forecast: Pork Market Size Volume in India 2023 - 2027 Discover more data with ReportLinker!

USD 10.44 Billion in 2024; projected USD 28.41 Billion by 2033; CAGR 11.71%.

India washing machine market size reached USD 1.9 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 2.8 Billion by 2033, exhibiting a growth rate (CAGR) of 4.40% during 2025-2033. The rising number of laundromats and dry-cleaning services is primarily driving the market growth across the country.

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 type, capacity, distribution channel, and end use.

Forecast: Pulses Market Size Volume in India 2024 - 2028 Discover more data with ReportLinker!

Forecast: Sweet Potatoes Market Size Volume in India 2023 - 2027 Discover more data with ReportLinker!

India lactose market is anticipated to grow at a strong CAGR of 6.7% during the forecast period 2025-2032, primarily fueled by increasing dairy consumption

The India print on demand market revenue is projected to grow from USD 833.51 Million in 2025 to reach USD 5931.42 Million by 2033, exhibiting a CAGR of 27.8% during the forecast period (2025-2033).
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India Grain Analysis Market was valued at USD 20.21 million in 2024 and is expected to reach USD 32.14 million by 2030 with a CAGR of 8.04% during the forecast period.