TechNavio's analysts forecast the IT market in India to grow at a CAGR of 17.2 percent over the period 2011-2015. One of the key factors contributing to this market growth is government initiatives to boost IT spending. The IT market in India has also been witnessing growing adoption of online retailing. However, barriers in IT penetration for SMEs could pose a challenge to the growth of this market.

TechNavio's report, the IT Market in India 2011-2015, has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report focuses on India and covers the IT market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors dominating this market space include Hewlett-Packard Co. HCL Infosystems Ltd., Cisco Systems Inc. and IBM Corp.

Key questions answered in this report:
What will the market size be in 2015 and at what rate will it grow?
What key trends is this market subject to?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the opportunities and threats faced by each of these key vendors?
What are the strengths and weaknesses of each of these key vendors?

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TechNavio's research portfolio in the IT Services series includes reports on the IT Market, IT in Retail Industry, IT in Banking Industry, IT in Healthcare Industry, IT in Telecom Industry, IT Outcourcing Market, IT Spending, BPO Market, Software Testing Market, BFSI Industry