NASSCOM Software-Product-Study

While India’s contributions to global technology intellectual property (IP) creation have grown steadily, relatively few Indian software product businesses have achieved significant global success. However, recent trends in market activity aided by a maturing ecosystem indicate that Indian software product businesses are now approaching an inflection point in their evolution.The next decade will be a period of disruptive growth for this segment, with the annual revenue aggregate of Indian software product businesses forecast to grow from USD 1.4 billion in FY2008 to USD 9.5 to 12 billion by FY2015.

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