India Market Trends: business software
The Indian enterprise software industry has been a story of consistent double-digit growth, although on a low base. The growth has been driven primarily by companies in the financial services and telecoms sectors; the rise of large companies in previously fragmented sectors such as retail; increasing awareness of the role of IT in managing growth across sectors (which is manifested in IT projects that before would have been considered discretionary); and the build-up of computing, messaging, and connectivity infrastructure across revenue bands and sectors. While the consistent high growth slowed in 2008/09, India is now back on a high growth path and the drivers remain the same. We expect the next three to four years to be promising, with a CAGR of over 20% during the forecast period (2008–13).
SUMMARY
Impact
Ovum view
Key messages
THE INDIA SOFTWARE MARKET: CURRENT SHARES AND FORECASTS
The market is to be worth $5.36 billion by 2013
The current state: low enterprise software adoption across sectors
Global vendors dominate across technology sectors
The hardware majors play a big role in distribution
CURRENT STATE AND GROWTH PROSPECTS ACROSS KEY AREAS
SaaS is likely to be the delivery platform of choice for CRM, portals, and messaging
Service-oriented architecture adoption is limited
Customer relationship management: Among the more promising areas
Business intelligence: among the high-priority investment areas
Financial management and core sector-specific enterprise resource planning
The most basic solutions dominate the data center management software market
Enterprise content management: promising, but not much adoption so far
IT security: priority areas
The Indian packaged software providers
RECOMMENDATIONS
Recommendations for enterprises
Recommendations for suppliers
APPENDIX
Market definitions
Further reading
Methodology
Ask the analyst
Impact
Ovum view
Key messages
THE INDIA SOFTWARE MARKET: CURRENT SHARES AND FORECASTS
The market is to be worth $5.36 billion by 2013
The current state: low enterprise software adoption across sectors
Global vendors dominate across technology sectors
The hardware majors play a big role in distribution
CURRENT STATE AND GROWTH PROSPECTS ACROSS KEY AREAS
SaaS is likely to be the delivery platform of choice for CRM, portals, and messaging
Service-oriented architecture adoption is limited
Customer relationship management: Among the more promising areas
Business intelligence: among the high-priority investment areas
Financial management and core sector-specific enterprise resource planning
The most basic solutions dominate the data center management software market
Enterprise content management: promising, but not much adoption so far
IT security: priority areas
The Indian packaged software providers
RECOMMENDATIONS
Recommendations for enterprises
Recommendations for suppliers
APPENDIX
Market definitions
Further reading
Methodology
Ask the analyst
LIST OF TABLES
Table 1: India software market size and growth, 2006–13
Table 1: India software market size and growth, 2006–13
LIST OF FIGURES
Figure 1: India top-ten enterprise software vendor rankings and market shares for 2009
Figure 2: India top-five systems infrastructure vendor rankings and market shares for 2009
Figure 3: India top-five applications vendor rankings and market shares for 2009
Figure 4: India top-five information management rankings and market shares for 2009
Figure 1: India top-ten enterprise software vendor rankings and market shares for 2009
Figure 2: India top-five systems infrastructure vendor rankings and market shares for 2009
Figure 3: India top-five applications vendor rankings and market shares for 2009
Figure 4: India top-five information management rankings and market shares for 2009
