Infrastructure software revenue in India is forecast to total $4.6 billion in 2021, a 12% increase from 2020, according to the latest forecast by Gartner, Inc. While all segments are expected to return to growth this year, security software is forecast to have the strongest growth at nearly 20% as security-as-a-service offerings and detection and response capabilities improve. Data tools and data quality tools segment will also grow fast as a result of the rapid cloud adoption.

“In 2021, Indian CIOs will continue to focus on maintaining business resiliency and enabling a seamless and secure remote working ecosystem for their organization,” said Vanitha D’Silva, senior principal research analyst at Gartner. “Technology was a key enabler for business to thrive during the pandemic, even with lower cash flows and struggling economies. CIOs in India understand that IT can be the driving force for their organizations’ growth and stability during unprecedented times. The renewed trust in automation, information management and integration will act as a catalyst for growth in infrastructure software spending.”

New vendors are bringing in new technologies as demand for better detection and response leveraging analytics is growing. Indian organisations are making the most of these new offerings from security software vendors,” she said. The increased focus on governance, regulations and higher appreciation of security impact in several areas of digital adoption and security by design will result in end-user organisations spending more on security software in 2021 as compared to the last two years.

Further, as remote working continues in 2021, the need for scalable, secure and reliable data integration tools for business will continue to grow. As a result, data integration tools and data quality tools segment is predicted to grow at over 18% in 2021.





News Of India

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