The Indian IT infrastructure market will rise by 10.3 percent this year.
According to Gartner, the industry made up of servers, storage and networking equipment, will reach $2.05 billion in 2012, and rise further by 2016 where it’s predicted to reach $3.01 billion.
According to the analyst house, the reason behind the growth is down to an increasing role technology is playing in the enterprise – and IT’s closer alignment with business.
Gartner believes that soon, a time will come when IT strategy merges in with business strategy.
Gartner predicts that revenue growth will be primarily driven by ongoing data centre modernisation, as well as new data centre build outs.
It identified that servers were the largest segment of this market, forecasting revenue in this market to reach $754.5 million in 2012, and grow to $967.2 million in 2016.
Gartner signalled a positive outlook for the external controller-based storage disk market, which was reported as the fastest growing segment within the IT infrastructure market, and was expected to grow from $439.4 million in end-user spending to $842 million in 2016.
The enterprise network equipment market, which includes enterprise LAN and WAN equipment, is also expected to grow from $861 million in 2012 to $1.2 billion in 2016.
A significant driver is the cloud, which, despite being in its infancy in India, will contribute greatly in commodity type, scalable technologies, such as scale out systems and extreme low energy servers, Gartner said.