Indian IT infra spend to hit Rs 12,627 cr in 2014: Gartner

Will hit $2.9 billion or Rs 15,921 crore in 2017

The market for IT infrastructure, including servers, storage and networking equipment to grow 9.7%, to reach $2.1 billion (Rs 11,529 crore) in 2013, according to research firm Gartner.

The business will grow steadily to reach $2.3 billion (Rs 12,627 crore) in 2014, and will hit a high $2.9 billion (Rs 15,921 crore) in 2017. “Despite global economic challenges, India provides strong growth opportunities across infrastructure. Big data, cloud, social and mobility are finding real-time business driven use cases,” said  Naveen Mishra, research director at Gartner.

Cloud, according to Mishra, is over the period of hype and looking to going to mainstream. Hardware refresh, and consolidation will drive growth in the IT infrastructure market, the research firm said. The market will also get an impetus from possible new data centre build-out by service providers. External controller-based storage is the fastest growing segment with revenue growing to $702 million (Rs 3,853 crore) in 2017, from $374 million (Rs 205 crore) in 2013.

“New data center implementations, combined with campus upgrades, and growing adoption of multimedia applications and mobility, are driving the networking market. Future demand and dynamics of the market will also be heavily influenced by these trends as they intensify, and other disruptive technologies like cloud, social and big data take center stage,” said Naresh Singh, principal research analyst at Gartner.