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  • IT Industry Charts

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    Sanhitha Ramesh
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    The Indian IT industry has grown steadily over the past few years, with the market size estimated to reach $147 billion in FY20. IT services make up the largest segment at $86 billion, followed by business process management at $32 billion and software products and engineering services at $15 billion. Export revenue, which accounts for the majority of the industry, grew from $22 billion in FY16 to an estimated $31 billion in FY19, driven primarily by growth in IT services and BPM. The government has launched various initiatives to further promote the sector such as Make in India, the Phased Manufacturing Programme, and Software Technology Parks of India.

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    The Indian IT industry has grown steadily over the past few years, with the market size estimated to reach $147 billion in FY20. IT services make up the largest segment at $86 billion, followed by business process management at $32 billion and software products and engineering services at $15 billion. Export revenue, which accounts for the majority of the industry, grew from $22 billion in FY16 to an estimated $31 billion in FY19, driven primarily by growth in IT services and BPM. The government has launched various initiatives to further promote the sector such as Make in India, the Phased Manufacturing Programme, and Software Technology Parks of India.

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    © All Rights Reserved
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    8 views1 page

    IT Industry Charts

    Uploaded by

    Sanhitha Ramesh
    The Indian IT industry has grown steadily over the past few years, with the market size estimated to reach $147 billion in FY20. IT services make up the largest segment at $86 billion, followed by business process management at $32 billion and software products and engineering services at $15 billion. Export revenue, which accounts for the majority of the industry, grew from $22 billion in FY16 to an estimated $31 billion in FY19, driven primarily by growth in IT services and BPM. The government has launched various initiatives to further promote the sector such as Make in India, the Phased Manufacturing Programme, and Software Technology Parks of India.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    IT & BPM

    Indian IT Industry (US$ billion)

    Market 108 117 126 136 147

    Size
    35 37 41 41 44

    FY16 FY17 FY18 FY19 FY20E


    Domestic Export
    Note: E- Estimated

    Sector-wise Break-up of Indian IT market Sector-wise Break-up of Export Revenue


    (US$ billion) FY19 FY19

    IT Services
    Sector 15 IT Services
    23%
    Compositio 33 Business Process
    n 86
    Management
    54%
    BPM
    Software Products and
    Engineering Services 23% E R&D and
    32
    Hardware software
    products

    Growth in Export Revenue (US$ billion)

    31
    25 28
    22 31
    28
    Key 24.4 26

    Trends 61 66 70 74

    FY16 FY17 FY18 FY19

    IT Services BPM Software Products and Engg. Services

    Government Phased
    Initiatives Manufacturing Software Technology
    Make in India Programme (PMP) Parks of India

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