The Indian IT infrastructure market — server, storage and networking equipment — is expected to grow 4 percent to $1.9 billion in 2014 and will reach $2.35 billion market by 2017, said Gartner. Key IT initiatives including mobility, cloud and big data will be the growth drivers.
Indian IT infrastructure market includes server, storage and networking equipment.
Gartner said the Indian IT infrastructure market will reach $2,345 million in 2017 from $2,206 million in 2016, $2,076 million in 2015, $1,934 million in 2014 and $1,862 million in 2013.
Indian server market, a component of the IT infrastructure market, will grow to $741 million in 2017 from $721 million in 2016, $697 million in 2015, $663 million in 2014 and $670 million in 2013.
The Indian storage market will increase to $550 million in 2017 from $490 million in 2016, $436 million in 2015, $384 million in 2014 and $346 million in 2013.
Networking equipment market size will expand to $1,054 million in 2017 from $995 million in 2016, $943 million in 2015, $997 million in 2014 and $846 million in 2013, said Gartner.
Interestingly, the global IT infrastructure investment is expected to be almost flat in 2014 and will be primarily driven by hyper scale and data center modernization initiatives.
“In the global landscape, India is a promising IT Infrastructure market through 2017,” said Mike Harris, research group vice president at Gartner.
Indian enterprises will be focusing on building intelligent data centers that focus on optimizing existing hardware assets by using additional software capabilities. This will drive increased attention on newer trends such as public cloud, and integrated systems.
Within the Indian IT infrastructure market, server revenue will dip 1 percent to $663 million in 2014. The server market is expected to return to positive growth in 2015 when revenue is forecast to total $697 million.
Enterprise networking revenue will touch $887 million in 2014. Data center consolidation and virtualization along with cloud and mobility are the key trends influencing network purchases.
Gartner said Indian storage market will grow 11 percent to $384 million this year.
Storage modernization and consolidation, backup and recovery, and disaster recovery are some of the key drivers to this market, and they are likely to remain relevant drivers over the forecast period through 2017.