Indian Server Market to reach $962.3 Million by 2017: Gartner

According to a report generated by a research firm Gartner, it has studied that the Indian IT infrastructure market, comprising servers, storage and networking equipment, is expected to grow by about 9% to $2.92 billion by 2017.

Naveen Mishra, Research Director, Gartner, said, "The nexus of forces - big data, cloud, social and mobility- are finding real-time business-driven use, which is bringing a paradigm shift in the way IT is delivering business impact and hence changing the role of an Indian CIO. The IT infrastructure market in India is expected to grow at a CAGR of 9% to $2.92 billion by 2017 from $1.90 billion in 2012."

He further added that the new data centre build out, primarily driven by service providers, will be providing added impetus to the infrastructure market. The server market accounted for the biggest chunk of the market totaling $707.4 million in 2012 and is forecast to total $962.3 million in 2017.

He also informed that the Indian IT infrastructure market is being driven by hardware refresh, optimization and consolidation efforts.