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India Application Infrastructure Middleware Market Forecast 2021-2025

The India application infrastructure middleware market is evaluated to grow with a CAGR of 7.63%, during the forecast years. The key factors fuelling the country's market growth include the increased exports, the high concentration of digital talent, and the information technology sector's core strengths and competencies. The base year considered for the market study is 2020, and the forecast period is from 2021 to 2025.

In India, the increased penetration of affordable devices, integrated with analytics, cloud computing, and expanding consumer expectations, are rapidly fueling the Internet of Things (IoT) market. The market growth is also attributed to the current technical developments across the IoT technology, in order to provide consumers with improved coverage and connectivity, in addition to real-time tracking and monitoring of systems and services. Moreover, these are offered across various industry verticals to minimize costs such as workforce and operations. Several government projects like smart transportation, smart cities, and smart grids are also anticipated to propel the use of IoT technology in India, during the forecast period.
On the other hand, distinguished Indian IT companies like Wipro, Infosys, Tech Mahinda, Tata Consultancy Services (TCS), are diversifying their offerings. They also present clients with prominent ideas across artificial intelligence, and blockchain, through research and development centers, as well as innovation hubs, to generate differentiated and distinct contributions. As a result, these factors are expected to propel India's application infrastructure middleware market, over the forecast years.

Leading companies operating in the market include, Microsoft Corporation, IBM Corporation, SAP SE, Oracle Corporation, Tibco Software Inc, etc.

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India Application Infrastructure Middleware Market Forecast 2021-2025
Published By :Inkwood Research
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