IT Market Potential for Retail in India 2015-2020 - The Estimated Market for 2020 is $81.23 billion

Aug 12, 2015, 07:10 ET from Research and Markets

DUBLIN, Aug. 12, 2015 /PRNewswire/ --

Research and Markets ( has announced the addition of the "IT Market Potential for Retail in India, By [Applications, Technology Types, Verticals, Regions] - Trends & Forecast: 2015 - 2020" report to their offering.

"IT Market Potential for Retail in India, By [Applications (In-store Management, Customer Centric Management, Headquarter Management, Supply Chain Solution Management), Technology Types (Hardware, Software, Services), Verticals, Regions (Metros, Mini Metro, Tier I, Tier II & Below) ] - Trends & Forecast: 2015 - 2020"

The report provides unique insights into an in-depth analysis of ICT spending in the retail sector, drivers and restraints as well as growth opportunities. It also contains analysis and forecasted revenues, competitive landscapes, company profiles and industry trends.

The main objective of this study is to understand the IT market potential for retail in India. The focus is on different IT systems and applications available in the market with special focus on hardware, software & services market. The report presents the industry structure of retail IT penetration across the retail industry sectors.

The market estimates for Indian IT retail market for 2015 is $37.48 billion. The estimated market for 2020 is $81.23 billion, driven by all segments of the industry. The high growth has come mainly from food & grocery and apparel industry. IT services is expected to make a rapid growth in the next five years; expected CARG is 16.73% by 2020.

Companies Mentioned

  • Cisco
  • Cognizant
  • Infosys
  • International Business Machines Corp (IBM)
  • Oracle
  • SAP
  • Tata Consulting Services
  • Wipro

Key Topics Covered:

1 Industry Overview

2 Report Outline

3 Market Snapshot

4 Market Characteristics

5 Trends and Roadmap

6 Applications: Market Size & Analysis

7 Verticals: Market Size & Analysis

8 Technology Types: Market Size & Analysis

9 Regions: Market Size & Analysis

10 Competitive Landscape

11 End-User Views

12 Companies to Watch For

13 What Our Peers Are Estimating

For more information visit

Media Contact: Laura Wood , +353-1-481-1716,

SOURCE Research and Markets