According to a report prepared by McKinsey for NASSCOM called 'Perspective 2020: Transform Business, Transform India', the exports component of the Indian industry is expected to reach US$ 175 billion in revenue by 2020. The workforce in Indian IT industry will touch 30 million by 2020 and this sunrise industry is expected to continue its mammoth growth, expect various industry experts.
India may have half the global share of the off shored IT and IT-enabled services market, but it still remains a bit-player in the electronics hardware business. Indian demand for electronics hardware - termed the Electronics System Design and Manufacturing (ESDM) - is likely to increase from the current level of $ 45 billion to $ 125 billion by 2014 and $ 400 billion by 2020.
The Indian market for IT products and services is expected to consolidate its growth achieved in 2010 and increase from US$ 19.7 billion in 2010 to US$ 41.2 billion by 2015, according to India Information Technology Report for the third quarter of 2011by Business Monitor International (BMI). BMI estimates that the Indian market for PCs (including notebooks and accessories) will be worth around US$ 8 billion in 2011, higher from US$ 6.8 billion in 2010 while it projects IT services market at around US$ 7.5 billion in 2011 which would further swell to a size of US$ 16.9 billion by 2015.
The Ministry of Communications and Information Technology has revealed its policy aimed at employing additional 10 million skilled people in the information communication technology sector. The sector currently has manpower strength of 2.5 million skilled people.
Considering the above survey and observing the regular growth in the size of the global market for Hardware and Networking Training, there has never been a better time to invest in Networking and Internet Security. Both sectors, individually and jointly are poised for remarkable growth.
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