Material Insights · Understanding the Material World

Software and IT services: Sources

Operating systems, business applications and outsourced IT services, a core Indian export

Sources

  1. Gartner forecasts worldwide IT spending to grow 14.2% in 2026, totalling $6.37 trillion Gartner, 2026
  2. India FY26 tech revenues seen 6.1% up at USD 315 billion (Nasscom Strategic Review 2026 estimates) ETV Bharat, reporting Nasscom, 2026
  3. Q2 cloud market passes $143 billion; highest growth rate in eight years Synergy Research Group, 2026
  4. Mobile operating system market share worldwide StatCounter Global Stats, 2026