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I.T.
enabled services Market
The
global IT enabled services market is likely to grow
to U.S.$ 142 billion by 2008 with HR related services,
customer interaction services, financial processing
and accounting services accounting to almost 90 per
cent of the market.
Overseas
Listings
India
today commands a very high respect among investors in
India and overseas. Almost all major overseas stock
exchanges are keen for Indian software companies to
list themselves on their respective exchanges which
will greatly help attract requisite investments in the
sector.
Internet
Service Provider (ISP) policy
The
decision to permit private ISPs to operate in India
and set up their own gateways can unleash enormous Internet
opportunities throughout India.
Telecom
Software Market
Indian
software industry stands to gain in the development
of software for telecommunication equipment and services,
the digital network equipment market, handheld devices,
home networking and telecom R & D. Indian software
industry has successfully proved its capabilities in
various areas of applications like embedded software,
mobile communications, WILL, integration communication
devices such as PDAs, protocol stacks, billing mediation,
digital signal processors, switches, ATM, etc.
Multimedia
Market
The
spread of information technology and the resulting availability
of new media has thrown up a number of opportunity areas
for Indian software and hi-tech sector. The opportunities
areas identified are in technology and content such
as: Indian movies, animation, music, smart packs of
phone-TV-PC, translating popular content into local
languages, Indian content in foreign languages, low
cost set –top boxes, home net-working devices,
software modules for delivery of multimedia information
on mobile devices, interactive kiosks, electronic commerce
services through personal devices, etc.
E-Governance
Electronic
governance is an attractive opportunity for a large
country like India. The development of E-governance
applications has the potential of an annual market of
close to U.S.$ 1.5 billion. Setting up an electronic
government will require at lease 3 to 5 years of concerted
effort by the Government. The purpose of setting up
E-government in a country like Singapore was to enhance
trade, increase investment inflows and enhance competitiveness
by improving transparency and providing highend infrastructure.
The initiatives taken, resulted in widespread computerization
and venture capital investment.
E-Training
Market
The
E-training market in India is showing market potential
and is expected to be a significant revenue earner for
the industry in the years to come. India needs to develop
over 2.2 million high quality knowledge workers in software
and related areas by 2008. The advantages of training
over the internet far outpace the conventional means
of disseminating computer education. E-training will
enable both private and Government run institutes to
reach a wider audience and rapidly expand their base
of both student and professional users. The E-training
is expected to contribute a significant portion of the
revenues of leading educational institutes in the coming
years.
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