Domestic IT revenue in 2008

The total domestic IT/ITes market revenue will touch Rs. 1,10,000 crore in 2008 which is 24% over 2007.The above is a key prediction by IDC India. Outline of the report is as below:
The trend for the coming year will be enterprise and consumer services. IT deployment will be across all market segments, including a number of emerging verticals. The government IT infrastructure is also likely to scale up. The consumer IT Sector will be driven by the Internet, Mobile convergence, web 2.0, social networking etc. Virtualization, Uptime, availability and performance management of infrastructure and applications to be at the core of innovation. Broadband will emerge as a favored choice in 2008, though mobile Internet will continue to grow as an alternative Internet access medium.

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