India ICT Market, India ICT Industry

The India ICT market is valued at USD 160 billion based on five-year historical analysis. Several factors contribute to this expansion, including the widespread adoption of cloud services, the continuous rollout of 5G networks, and increasing investments in cybersecurity solutions. The government\'s Digital India initiative and the rise in IT outsourcing to Indian companies further accelerate the market\'s upward trajectory. The ongoing evolution of the IoT landscape and significant increases in data consumption are also important drivers, ensuring the market\'s robust development year after year.

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