India’s technology services industry could accelerate growth by 2-4 percent over the next five years, reaching $300-350 billion in annual revenues if it can win in the cloud, AI, cybersecurity, and other emerging technologies.
The increasing cloud consumption and other digital services like Artificial Learning (AI) and Machine Learning (ML) are making way for the digital and cloud services, with an opportunity to reach USD 600-700 billion by 2025. Coupled with cybersecurity and IoT digital spending, the technology services are expected to reach USD 300-350 billion in revenue by 2025, according to a Nasscom report.
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