India Managed Services Market is Booming with a CAGR of 9.10% During 2024-2032
India Managed Services Market Overview Base Year: 2023 Historical Years: 2018-2023 Forecast Years: 2024-2032 Market Growth Rate: 9.10% (2024-2032) Market Size in 2023: INR 40,199.3 Crore Market Size in 2032: INR 85,905.4 Crore The India managed services market is growing rapidly, driven by increasing demand for IT infrastructure management, cloud services, and cybersecurity solutions across industries. According to the latest report by IMARC Group, the market reached INR 40,199.3 Crore in 2023 . Looking forward, IMARC Group expects the market to reach INR 85,905.4 Crore by 2032 , exhibiting a growth rate (CAGR) of 9.10% during 2024-2032. India Managed Services Market Trends and Drivers: The India managed services market is expanding rapidly, owing to several interconnected factors. Primarily, the market is driven by the increasing use of cloud computing, digital transformation, and the growing demand for IT infrastructure management across sectors. Besides this, Indian firms are inc...