Technavio sees $266.46bn market by 2024

The #IT and #BPO services market in India is poised to grow by US$83.6 billion during 2020-2024, progressing at a CAGR of almost 8%, according to a report by @Technavio.

The market is projected to reach US$266.46 billion by 2024, up from US$182.46 billion in 2019.

“The need to focus on core competencies is one of the key factors driving the market growth,” said the report on 30 July 2020.

Leaders in the market are #Accenture Plc, #Cognizant Technology Solutions Corp, #HCL Technologies Ltd, #International Business Machines Corp, #Infosys Ltd, #Serco Group Plc, #Tata Consultancy Services Ltd, #Tech Mahindra Ltd, #Wipro Ltd and #WNS Holdings Ltd. /fiinews.com

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