report-bg

India Independent Software Vendors (ISV) Market Segmentation by Software Deployment (Cloud, and On-Premise); and by Application (Financial Services, Healthcare, Industrial & Manufacturing, Public Sector & Utilities, Retail, Service Provider, Telecom, Media & Entertainment, and Others) – Demand Analysis & Opportunity Outlook 2020-2030

Buy Now Report ID: 3592 | Published Date: Feb 07, 2023
  1. Market Definition and Research Methodology
    1. Market Definition and Segmentation
    2. Assumptions and Acronyms
    3. Research Objective
    4. Research Methodology
  2. Executive Summary
  3. Market Dynamics
    1. Drivers
    2. Challenges
    3. Trends
    4. Opportunities
  4. Industry Analysis
    1. Major Usage of Independent Software Vendor Market
    2. Pricing Analysis
    3. Application Analysis for End User Verticals
    4. Technological Assessment
  5. Impact of COVID-19 on India Independent Software Vendors (ISV) Market
  6. India Independent Software Vendors (ISV) Market
    1. Market Overview – Market Size (2020–2030)
    2. Market Segmentation by:
      1. Software Deployment
        1. Cloud, 2020-2030 (in USD Million)
        2. On-Premises, 2020-2030 (in USD Million)
      2. Application
        1. Healthcare, 2020-2030 (in USD Million)
        2. Financial Services, 2020-2030 (in USD Million)
        3. Industrial and Manufacturing, 2020-2030 (in USD Million)
        4. Retail, 2020-2030 (in USD Million)
        5. Public Sector and Utilities, 2020-2030 (in USD Million)
        6. Service Provider, 2020-2030 (in USD Million)
        7. Telecom, 2020-2030 (in USD Million)
        8. Media and Entertainment, 2020-2030 (in USD Million)
        9. Others, 2020-2030 (in USD Million)
  7. Competitive Landscape
    1. Tata Consultancy Services Limited
    2. Infosys Limited
    3. 3i Infotech
    4. C1 India
    5. Enaviya Information Technology Pvt. ltd.
    6. Cognizant
    7. IBM
    8. Bartronics India Limited
    9. KPIT Technologies Ltd
    10. Educomp Solutions Ltd.
    11. CMC Limited
  8. Primary Interview Analysis
    1. Indicative List of Respondents

India Independent Software Vendors (ISV) Market Segmentation Synopsis

The India independent software vendors (ISV) market is segmented by software deployment into cloud, and on-premise. Out of these, the cloud segment is expected to grow with the highest CAGR of 13.77% during the forecast period, and also attain the largest market revenue by the end of 2030. The market is also segmented by application into financial services, healthcare, industrial & manufacturing, public sector & utilities, retail, service provider, telecom, media & entertainment, and others. Out of these, the retail segment is expected to generate the largest market revenue of USD 432.58 Million by the end of 2030, up from a revenue of USD 118.66 Million in 2020. The segment is also anticipated to grow with the highest CAGR of 13.63% during the forecast period.


RN
India Independent Software Vendors (ISV) Market Graph
Get more information on this report: Request Free Sample PDF

Growth Drivers and Challenges Impacting the Growth of the India Independent Software Vendors (ISV) Market

Growth Drivers

  • Growing Exports of Services in India
  • Increasing Adoption of Cloud-Based Technologies in the Country

Challenges

  • Rising Concerns for Data Security
  • Increasing Operational and Capital Expenditure of ISVs


Top Featured Companies Dominating the Market

Market-Growth-Drivers

Our report has covered detailed company profiling comprising company overview, business strategies, key product offerings, financial performance, key performance indicators, risk analysis, recent developments, regional presence, and SWOT analysis among other notable indicators for competitive positioning. Some of the prominent industry leaders in the India independent software vendors (ISV) market that are included in our report are Tata Consultancy Services Limited, Infosys Limited, 3i Infotech, C1 India, Enaviya Information Technology Pvt. ltd., Cognizant, IBM, Bartronics India Limited, KPIT Technologies Ltd, Educomp Solutions Ltd., CMC Limited, and others.


Service Exports image
Get more information on this report: Request Free Sample PDF

Top Featured Companies Dominating the Market

top-features-companies

    Our report has covered detailed company profiling comprising company overview, business strategies, key product offerings, financial performance, key performance indicators, risk analysis, recent developments, regional presence, and SWOT analysis among other notable indicators for competitive positioning. Some of the prominent industry leaders in the India independent software vendors (ISV) market that are included in our report are Tata Consultancy Services Limited, Infosys Limited, 3i Infotech, C1 India, Enaviya Information Technology Pvt. ltd., Cognizant, IBM, Bartronics India Limited, KPIT Technologies Ltd, Educomp Solutions Ltd., CMC Limited, and others.

    Key Reasons to Buy Our Report

    • The report covers detailed analysis comprising market share attained by each market segment and its sub-segments.
    • It covers market dynamics including growth drivers, trends, potential opportunities, price trend analysis and challenges that impact the market growth.
    • The report includes detailed company profiles of the major players dominating the market.
    • We use effective research methodologies to calculate the market numbers and provide value-added assessment for overall growth.
    • We provide customized reports as per the clients’ requirement helping them to see possible and unexpected challenges and unforeseen opportunities in order to help them reach their goal.

In-the-news

In The News

  • August 19th, 2021: Tata Consultancy Services (TCS) announced that it has come into a strategic partnership with Google Cloud to launch Google Garages in Amsterdam, New York and Tokyo. Google Garages is a platform that would allow organizations to evaluate cloud solutions, apply analytics, develop and prototype applications and AI capabilities to address business opportunities.

  • June 21st, 2021: KPIT Technologies announced that it has signed a definitive agreement to acquire PathPartner Technology, which would allow KPIT to boost its software integration expertise.


preview-analysis

Global Economic Impact

Request Insights
Despite Inflation & Fearing Recession, Businesses Across the Globe Expected to Do Better in 2023:

In 2023, market players might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain.
Controlling Inflation has become the first priority for global economies from last quarter of 2022 and to be followed in 2023. With skewed economic situations, rise in interest rate by governments to control spending and inflation, spiked oil and gas prices, high inflation, geo-political issues including U.S. & China trade war, Russia-Ukraine conflict to intensify the global economic issues.
The interest rates in the U.S. may be less sensitive in 2023 as compared to 2022; sigh of relief for businesses. Positive business sentiments, healthy business balance sheets, growth in construction spending (private construction value in 2022 stood at $1,429.2 billion, 11.7 percent (±1.0 percent) above the $1,279.5 billion spent in 2021, Residential construction in 2022 was $899.1 billion, up by 13.3 percent (±2.1 percent) from $793.7 billion in 2021, non-residential construction touched $530.1 billion, 9.1 percent (±1.0 percent) above the $485.8 billion in 2021.) showcases minimal impact of recession in the country.
Similarly, spiked spending in the European and major Asia economics including, India, China & Japan to showcase less impact on the global demand.


Author Credits:  Abhishek Verma, Hetal Singh


Key Questions Answered in the Report

1) What are the major factors driving the growth of the India independent software vendors market?

Ans: The growing exports of services in India, and the increasing adoption of cloud-based technologies in the country are some of the major factors expected to contribute to the market growth.

2) What would be the CAGR of India independent software vendors market over the forecast period?

Ans: The market is anticipated to attain a CAGR of 11.47% over the forecast period, i.e., 2021 – 2030.

3) What are the challenges affecting the India independent software vendors market growth?

Ans: The rising concerns for data security and the increasing operational and capital expenditure of ISVs are estimated to hamper the market growth.

5) Who are the major players dominating the India independent software vendors market?

Ans: The major players in the market are Tata Consultancy Services Limited, Infosys Limited, 3i Infotech, C1 India, Enaviya Information Technology Pvt. ltd., Cognizant, IBM, Bartronics India Limited, KPIT Technologies Ltd, and others.

6) How are the company profiles selected?

Ans: The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

7) What are the segments in the India independent software vendors (ISV) market?

Ans: The market is segmented by software deployment and by application.

8) Which segment captures the largest market size in application segment in the India independent software vendors (ISV) market?

Ans: The retail segment is expected to generate the largest market revenue of USD 432.58 Million by the end of 2030 and display significant growth opportunities.

Let Us Hear About Your Requirements:

Submit Your Request For Proposal (RFP)

 Request Free Sample Copy