India's enterprise software market is forecast to maintain its strong performance, with an estimated compound annual growth rate of 14.6 per cent from 2011 to 2016 -- the highest growth rate in the world, the technology researcher said.
The increasing globalisation of the Indian economy is leading to a growing need for modern software with the latest features and improved functionality, it said.
"With Indian enterprises continuing to embrace IT to improve productivity and drive growth, penetration of information communication technology infrastructure has been growing rapidly during the past decade.
"The primary drivers of growth have been domestic demand, the growing maturity of users and incremental enhancements in the technology," Asheesh Raina, principal research analyst at
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