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Future of Technology Services: Winning in This Decade

June 15, 2021

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Every five years, NASSCOM along with McKinsey & Company as Knowledge Partners reflect on the future of the technology services industry. The NASSCOM-McKinsey report has always helped guide industry players on new technology trends and associated business opportunities for the future. This year, we did that across two in-depth research efforts- the first one was a microscopic view, addressing priorities in the short term called “Navigating the New Normal” which was launched in December 2020, while this second report is a longer term, telescopic view, addressing a 5 year outlook for the sector, called “Future of Technology Services: Winning in This Decade”

 

The technology services industry is changing faster than ever as enterprises scramble to keep up the innovation, and address changing needs of customers. In this shifting global marketplace, each player in the industry will need to navigate the landscape carefully as operating models change, fast moving, well-funded competitors appear from unexpected directions, cutting-edge talent becomes hard to find, regional power centers rise, and governments impose new regulations and ramp up investments in technology. This report takes a mid-to long-term view to illuminate these and other trends and provides insights into how to create impact and sustain growth in ever changing marketplace.

 

What you will get from this report:

Breakup of the current $ 1 trillion global technology services industry

- You will also get Five megatrends that are likely to shape the new decade, and Impact of these 5 megatrends on enterprise and consumer tech spending.

- We identify markets that will decline, and we highlight the new opportunities that will come up

- We also forecast Where technology industry in India could be in 2025 and list out Imperatives and strategy roadmap for service providers to address these new opportunities

 

Community by nasscom Insights is focused on building the largest online community catering to the Indian technology sector. The purpose of the community is to bring the latest trends and discussions onto a single platform. Our passion for tech drives the free-flowing exchange of ideas and visions from industry leaders and game-changers across India.


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