India Software Services Export Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The India Software Services Export Industry Market Report is Segmented by Activity (IT Services, Software Product Development, BPO Services, and Engineering Services), Service Type (On-Site and Off-Site), and Export Destination (North America, Europe, Asia-Pacific, and Rest of the World). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

India Software Services Export Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

India Software Services Export Industry Overview

The Indian software services export industry market is fragmented. Tata Consultancy Services Limited, Infosys Limited, Wipro Limited, HCL Technologies, and Tech Mahindra Ltd are among the major companies. The corporations continue to innovate and form strategic partnerships to maintain their market share.

  • April 2024: HCL Tech announced an alliance with Google Cloud to establish industry solutions and deploy Gemini for its multimodal large-language AI model. HCL planned to boost the HCL Tech AI Force platform with Gemini’s advanced code completion and summarization capabilities, which allow engineers to code efficiently, solve issues, reduce delivery time, and enhance the quality of software projects for clients.
  • February 2024: Wipro Limited, a technology services and consulting company, launched the Wipro Enterprise Artificial Intelligence (AI)-Ready Platform to help clients create enterprise-level, fully integrated, and customized AI environments. This platform provides the necessary infrastructure and core software for the consumption of AI and generative AI workloads for automation, dynamic resource management to adjust to varying workloads using predictive analytics dynamically, and investment in improvements in incident reduction and operational efficiency in the enterprise.

India Software Services Export Market Leaders

  1. Tata Consultancy Services Limited

  2. Infosys Limited

  3. Wipro Limited

  4. HCL Technologies

  5. Tech Mahindra Ltd

  6. *Disclaimer: Major Players sorted in no particular order
India Software Services Export Market Concentration