Gartner predicts growth in Indian IT infrastructure market, adoption of co-location and cloud services

Consolidation, private Cloud and business agility are the primary growth drivers for IT expenditure. Going forward, Infrastructure-as-a-Service and co-location will propel the managed services market. By Harshal Kallyanpur

At its recent Infrastructure Operations and Data Center Summit, Gartner provided its 2012 outlook for the Indian data center market. The analyst firm estimated that the Indian IT infrastructure market consisting of servers, storage and networking equipment would reach $2.05 billion in 2012, growing 10.3% from 2011. It also predicted that the IT infrastructure market was expected to reach $3.01 billion by 2016.The findings further indicated that storage would have a CAGR of 18.9%.

According to Aman Munglani, Research Director, Gartner, the primary reasons for this growth could be attributed to the fact that enterprise storage requirements were on the rise and that storage capacities were expected to grow by 60-70%  in the next five years. The complete story is here