The Hindu Business Line : `India growth story to continue: IDC

INDIA will continue to be the fastest growing domestic IT market in the Asia-Pacific region in 2006 with an estimated growth of 19 per cent over 2005, according to market research firm IDC.

"The India domestic IT market is into a growth phase and 2005 witnessed huge traction. Coming out of a slowdown in 2003, the industry entered the next business cycle showing consistent growth in 2004 and 2005. IDC predicts the growth story to continue in 2006 keeping `the fastest growing IT market in AP region' crown for India, intact. The Indian domestic IT market is estimated to grow at 19 per cent over 2005," an IDC release said here.

It predicted that 2006 would see some of these key trends witnessing further traction and be governed by the underlying themes of mobility, convergence and infrastructure management.

"As per IDC's 2004 and 2005 predictions, the industry convergence, consolidation and realignment was around two themes - dynamic IT in the enterprise space and the increasing proliferation of digital devices in the consumer space. These themes will further get defined and enhanced with increasing penetration of IT in households and growing depth in the enterprise segment," Mr Kapil Dev Singh, Country Manager, IDC (India) Ltd, said.

The ecosystem in terms of PC adoption, broadband usage and increasing relevance of IT to small enterprises would further fuel growth and increasing integration of IT with business in enterprises would will drive depth.