December 2, 2021
3 mins read

‘IT spending in India to reach $100 bn in 2022’

In 2022, all segments of IT spending in India are expected to grow, with software emerging as the highest growing segment….reports Asian Lite news

Driven by a surge in digital transformation owing to the pandemic, the IT spending in India is forecast to total $101.8 billion in 2022, an increase of 7 per cent from 2021, global market research firm Gartner said on Wednesday.

In 2022, all segments of IT spending in India are expected to grow, with software emerging as the highest growing segment.

Spending on software is forecast to total $10.5 billion in 2022, up 14.4 per cent from 2021.

While experiencing a slower growth rate than 2021, spending on software in 2022 is forecast to be nearly double of what it was pre-pandemic.

“India has experienced one of the fastest recoveries despite being one of the worst hit regions in the second wave of the pandemic in early 2021,” said Arup Roy, research vice president at Gartner.

As hybrid work adoption increases in the country, there will be an uptick in spending on devices in 2022, reaching $44 billion, an increase of 7.5 per cent from 2021.

“The growth in devices is a combination of two components – hybrid work and pent-up demand from 2020 for device upgrades,” said Roy. “Spending on devices will make up 43 per cent of total IT spending next year.”

Next year, Indian CIOs are prioritising a move away from rigid and monolithic ways of doing business to a more composable business and IT architecture where they will be able to better respond to disruptions.

“In 2022, CIOs in India will build on renewed interest in technology from the business to gain funding for new IT projects,” said Roy.

Meanwhile, the Standing Committee on Communications and Information Technology has recommended that the Union government should not shutdown the Internet services in every case, saying that the ‘Internet is indispensable in everyday lives of citizens of the country’.

In its 26th report tabled in the Lok Sabha on Wednesday on ‘the suspension of telecom services or Internet and its impact’, the Parliamentary Committee has stated a Supreme Court order, saying that access to the Internet is protected under the same constitutional right to freedom of speech and expression and the right of doing trade or business. The committee said that in the absence of any standard operating procedures (SOPs) or similar guidelines regarding Internet shutdown and lack of other safeguards, the state governments get an opportunity to resort to Internet shutdown in any situation to maintain law and order.

The parliamentary committee headed by senior Congress leader Shashi Tharoor has recommended to the Union government to issue a uniform SOP on the modalities to be adopted by all states and union territories (UTs) regarding the Internet shutdown.

The committee has also recommended to both the Department of Telecommunications and the Union Ministry of Home Affairs to set up a mechanism at the earliest to have a centralised database of all such orders of Internet shutdown in the country.

Recommending to define ‘public emergency’ and ‘public safety’ and lay down its provisions and components, the committee has expressed concerns that the Internet shutdown is also being resorted to prevent cheating in examinations and preventing local crimes.

The committee has urged the Department of Telecommunications to put in place a strong monitoring mechanism so that the states or UTs do not shut down the Internet services using Section 144 of the CrPC.

Referring to the rule that no Internet shutdown order can be enforced for more than 15 days, the committee expressed concerns about the prolonged Internet shutdown in Jammu and Kashmir after abrogation of Article 370, though the Union government told the committee that it was done for national security reasons.

ALSO READ: Musk urges staff to reduce delivery cost
Previous Story

GST mop-up in November at Rs 1.31 lakh cr

Next Story

Maruti Suzuki’s shares up nearly 4%

Latest from -Top News

India Powers Mauritius with E-Buses

It marked a major milestone, strengthening the green partnership under the development cooperation of both nations…reports Asian Lite News Indian High Commissioner Anurag Srivastava handed over the first batch of 10 electric

Finally, the vote is coming

Bangladesh sets February 2026 for historic general election, as Muhammad Yunus unveils sweeping reform agenda on uprising anniversary, pledging inclusive democracy and youth-driven political renewal. Bangladesh’s interim Chief Adviser Muhammad Yunus has

WFP’s $540m SOS for Afghanistan

Facing a deadly hunger crisis and climate shocks, Afghanistan pleads for urgent global aid as droughts, economic collapse and mass migration leave millions on the edge. Afghanistan is on the brink of

Never again: Hiroshima’s haunting plea at 80

Eighty years after the world’s first nuclear attack, Hiroshima honours its dead and urges global leaders to disarm before history repeats its most devastating lesson….reports Asian Lite News Thousands gathered at Hiroshima’s

India, New Zealand get tactical!

India and New Zealand launch their first Defence Strategic Dialogue in Delhi, opening a new chapter in military cooperation, maritime security, and Indo-Pacific coordination….reports Asian Lite News In a landmark step for
Go toTop

Don't Miss

FPIs invest Rs 43,838 crore in India

FPIs are likely to continue their investment in India in

Musk hails India’s vote counting speed, mocks US process 

Musk was responding to an X post that shared a