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Spending of the IT software in India from 2009 to 2024 with estimate for 2025 and 2026 (in billion U.S. dollars)

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Source

Release date

November 2025

Region

India

Survey time period

2009 to 2025

Supplementary notes

*estimated value

Previous reports have been accessed for historical data. 

Values have been rounded for clarity.

Citation formats

IT software segment spending in India 2009-2026

Published by
Christy Tila,
Apr 29, 2026

The IT spending of the software market in India was forecasted to be around billion U.S. dollars in 2026. In comparison with 2009, the spending increased significantly. The significant increase in spending in 2020 was attributed to the impact of the coronavirus (COVID-19) pandemic, which accelerated the process of digitalization for many companies. The global leaders of the enterprise software market are Microsoft, Oracle, and IBM.

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Market overview

5

Segments

4

Employment

6

Exports

4

Major companies

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