Indian application software market to grow to $227 mn in 2012

24 Aug 2012

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The Indian application development (AD) software market is expected to reach more than $227 million in 2012, a 22.6 percent rise over 2011.

Growth will be driven by evolving software delivery models, new development methodologies, emerging mobile application development and open source software, says a study by global research and analyst firm Gartner Inc.

''Application modernisation and increasing agility will continue to be a solid driver for AD spending, apart from other emerging dynamics of cloud, mobility and social computing,'' said Asheesh Raina, principal research analyst at Gartner.

''These emerging trends are directing AD demand towards newer architectures, programming languages, business model and user skills,'' he added.

According to Gartner, cloud is changing the way applications are designed, tested and deployed, resulting in a significant shift in AD priorities. About 90 per cent of large, mainstream enterprises and government agencies will use some aspect of cloud computing by 2015.

''The trend is compelling enough to force traditional AD vendors to 'cloud-enable' their existing offerings and position them as a service to be delivered through the cloud,'' said Raina.

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