The India software market is on track to reach $5.3 billion in 2016, a 12.8 percent increase from 2015, according to Gartner.
Several leading trends that are common across the India software market include:
- Software as a service (SaaS) adoption and development
- Open source software (OSS) adoption, and its broader market implications
- Changing buying behaviors and purchasing styles associated with digital business and the digital India initiative of Indian government
- Demand for specialized software vendors that can deliver on the digital business vision