IT AND ITES INDUSTRY ANALYSIS

India is the world's largest sourcing destination for the information technology (IT) industry,
accounting for approximately 52 per cent of the US$ 124-130 billion market. The industry
employs about 10 million Indians and continues to contribute significantly to the social and
economic transformation in the country.
The IT industry has not only transformed India's image on the global platform, but has also
fuelled economic growth by energising the higher education sector especially in engineering
and computer science. India's cost competitiveness in providing IT services.

Market Size
India, the fourth largest base for young businesses in the world and home to 3,000 tech startups, is set to increase its base to 11,500 tech start-ups by 2020, as per a report by Nasscom
and Zinnov Management Consulting Pvt Ltd.

TOP 5 IT and ITES COMPANIES IN INDIA

1) TCS: Tata Consultancy Services: Is a software services and consulting company
headquartered in Mumbai. TCS is the largest provider of information technology and
business process outsourcing services in Asia.
Revenue: $6.3 billion
2) Wipro: A giant information technology services corporation headquartered in Bangalore.
It has interests varying from information technology, consumer care, lighting, engineering
and healthcare businesses
Revenues: $4.3 bn
BPO revenues: $465 mn
3) Infosys: Infosys Technologies Limited is an information technology services company
headquartered in Bangalore. Infosys is one of the largest IT companies in India with 113,796
employees (including subsidiaries) as of 2010.
Revenues: $4.8 bn
BPO revenues: $294 mn
4) Cognizant: Cognizant India is one of the most important global delivery centres of
Cognizant Technology Solutions and plays a significant role in business outsourcing services
apart from providing services such as consulting and IT-related solutions.
Revenues: $3.3 bn
BPO revenues: $200 mn

5) Genpact: Genpact is a global business process outsourcing company. It was formerly a

GE owned company called GE Capital International Services or GECIS. It operates from
India, China, Guatemala, Hungary, Mxico, Morocco, the Philippines, Poland, the
Netherlands, Romania, Spain, South Africa, and the United States.
ITeS Company: Genpact
Revenues: $1,120 mn

Market size of IT industry

Indias internet economy is expected to touch Rs 10 trillion (US$ 161.26 billion) by 2018,
accounting for 5 per cent of the countrys gross domestic product (GDP), according to a
report by the Boston Consulting Group (BCG) and Internet and Mobile Association of India
(IAMAI). In December 2014, Indias internet user base reached 300 million, the third largest
in the world, while the number of social media users and smartphones grew to 100 million.
Public cloud services revenue in India is expected to reach US$ 838 million in 2015, growing
by 33 per cent year-on-year (y-o-y), as per a report by Gartner Inc. In yet another Gartner
report, the public cloud market alone in the country was estimated to treble to US$ 1.9 billion
by 2018 from US$ 638 million in 2014. The increased internet penetration and rise of ecommerce are the main reasons for continued growth of the data centre co-location and
hosting market in India.