Indian Tech Industry in 2022: Heading the Disruptive Tech Market

The growth of the Indian tech industry will continue to prevail in 2022 and beyond that.

The year 2021 is earmarked to be driven by artificial intelligence and other disruptive technologies. AI, machine learning, cloud, and such other technologies are pioneering some of the most advanced tools and applications focused on accelerating the global economic and industrial state. Amid all the global industries, India has emerged as a leader in advanced tech adoption. In fact, several tech experts believe that the Indian tech industry will lead the global disruptive tech market in 2022 and beyond that.

The unprecedented growth of India's tech industry has amazed everyone. Even the sub-sectors have witnessed tremendous growth over the past couple of years. Starting from online retailing, cloud computing to e-commerce, the tech industry has shown speedy growth in all sectors in 2021.

"I am certain the growth and innovation witnessed in 2021 will continue into the new year and drive the IT industry forward. With 82% of Indian enterprises prioritizing cloud investments in 2022, the industry is poised for exponential growth," says Kulmeet Bawa, President and Managing Director of SAP Indian Subcontinent.

He goes on to say that cloud technologies will continue to evolve as they incorporate and adapt to new developments such as 5G and Wi-Fi 6. The advent of these new technologies will speed up the migration onto cloud platforms. He also believes that sustainability will be the other key trend as enterprises continue to embed it into their business to address the climate crisis. Organizations will rely on technology to ensure zero emissions, zero waste, zero inequality and thereby make sustainable business decisions.

With the growing concerns about the impact of technological innovations on the environment, more and more Indian businesses are adopting sustainable technology to contribute to the improvement of the environment in their own ways.

The Indian IT sector has developed with an exceptionally high growth rate, which has also contributed largely to the country's GDP. India's technology is steadily proceeding towards new footsteps in disruptive technology and it will continue to grow in the future.