Report on Technology Trends in India by Deloitte

Deloitte India’s Tech Trends 2024 report has highlighted India’s continued dominance in the global technology sector, despite economic uncertainties. The report projects a revenue of US$254 billion for India’s tech sector in FY 2024, with a 3.8 percent year-on-year growth. This reaffirms India’s position as a trusted global leader in technology.

The report emphasizes India’s emergence as a key player in various domains such as spatial computing, the industrial metaverse, cloud computing, and generative AI. With over 1,600 Global Capability Centers (GCCs) in the country, India is on track to exceed US$100 billion in revenue by 2030, employing more than 4.5 million people across 2,500 GCCs nationwide.

Deepa Seshadri, Partner and CIO Program Leader at Deloitte India, highlighted India Inc.’s transformative journey in embracing emerging technologies, positioning the country as a frontrunner in the tech space. Keerthi Prakash, Partner, Consulting at Deloitte India, emphasized India’s role in the digital revolution, driving dynamic changes that impact businesses, decision-makers, industries, and citizens.

The report also sheds light on key insights such as India’s leadership in spatial computing and the industrial metaverse, the growth potential of Generative AI, advancements in computing technologies, and the importance of prioritizing Developer Experience (DevEx) to drive sustainable growth and innovation.

Overall, the Tech Trends 2024 report underscores India’s resilience and potential in the tech landscape, showcasing the country’s ability to adapt to emerging technologies and shape a prosperous, inclusive, and sustainable future.