IDC's India ICT Market 2010 Trends Report

According to IDC India,

the Domestic IT-ITeS market will revive in 2010 to grow at 15%, after a moderate

growth of 5.4% in 2009. They further suggest that important structural changes,

brought about by the impact of economic slowdown will accelerate industry

transformation towards a new 'market order.' This new phase of market growth and

development, termed as 'Growth Phase 2.0' is evolving along trends that are

quite different from the earlier phase, Growth Phase 1.0 (2003-08), during which

the domestic market witnessed unprecedented growth, almost tripling the market

size from Rs. 34,000 crore in 2003 to Rs. 99,564 crore in 2008, a CAGR of 24.0%.

According to IDC the four major trends in 2010 are:

• Transformation of the consumer IT space: the
  
  metamorphosis of 'Consumer 1.0' to 'Consumer 2.0.'

• 'Consolidation' and 'Leveraging' of IT and
  
  telecommunications  infrastructure built in Growth Phase 1.0 to realise
  
  greater business efficiencies and launch innovative product / solution
  
  offerings for their end-customers development of new business models in Growth
  
  Phase 2.0 by both large and mid-size business enterprises.

• Increased adoption and acceptance of 'game changing'
  
  technologies such as x-as-a-Service (where 'x' could stand for Software,
  
  Infrastructure or Platform) delivered through the Cloud and Green Tech and 3G/BWA
  
  telecommunications networks.

• Government intervention in providing economic stimulus to
  
  lagging end-use sectors, most notably through the launch of large scale public
  
  infrastructure projects to unlock  hitherto  untapped market potential.