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NASSCOM-ITSR -Executive Summary-2018

March 14, 2018 1406 0 IT Services

NASSCOM-ITSR -Executive  Summary-2018

India’s IT-BPM industry today stands at USD 167 billion market and employs around 4 million people. It continues to be the leader in the global sourcing market with a 55% share. Despite the slowing down in growth rates, the industry has added ~USD 24 billion revenue since FY2016 and continues to be a net hirer (100,000+ additions in FY2018).Digital technology is throwing up a new set of opportunities for the technology industry and over the past few years, the business has seen a shift: in revenue share (currently, digital share is between 18%-20% and increasing), talent (India accounts for 75% share in global digital talent), business models (partnerships, As-a-Services, etc.), revenue source (IP-led, platforms, cloud) and organisational structure (dedicated BUs, CoEs, etc.

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