The India IT outsourcing market size reached USD 54.10 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 74.10 Billion by 2033, exhibiting a growth rate (CAGR) of 3.20% during 2025-2033. India’s IT outsourcing market is expanding with increasing demand for AI-driven security, digital transformation, and automation. Moreover, growth is fueled by rising global investments in cybersecurity, healthcare IT solutions, and cost-efficient technology services, strengthening India’s role as a preferred outsourcing hub for advanced digital solutions.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
|
2024
|
Forecast Years
|
2025-2033
|
Historical Years
|
2019-2024
|
Market Size in 2024 | USD 54.10 Billion |
Market Forecast in 2033 | USD 74.10 Billion |
Market Growth Rate 2025-2033 | 3.20% |
Advancing AI-Driven Digital Security
India's IT outsourcing market is seeing significant growth with the rising demand for AI-driven digital security solutions. In addition, businesses worldwide are increasingly relying on outsourced IT services to strengthen cybersecurity, prevent fraud, and enhance digital identity verification. AI-powered security frameworks are becoming essential due to the surge in online transactions, digital banking, and cloud-based operations. As global enterprises seek advanced protection against cyber threats, India's IT outsourcing firms are integrating AI and automation to offer real-time risk assessment and fraud detection services. For example, in December 2024, Firstsource partnered with WebID Group to enhance digital identity verification and platform security. This collaboration boosts India's IT outsourcing capabilities by improving AI-driven Trust & Safety solutions. This development strengthens India's role in providing secure technology solutions for financial services and other industries with better fraud prevention mechanisms. As cyber threats evolve, companies outsourcing IT services to India are looking for end-to-end security solutions powered by AI and machine learning. The ability to provide advanced risk management, identity authentication, and compliance monitoring is positioning India as a key player in the global IT security outsourcing market. Further, the adoption of AI-driven security solutions is expected to continue growing, reinforcing India’s IT outsourcing sector as a hub for cutting-edge digital safety technologies.
Expanding Healthcare IT Transformation
The demand for healthcare-focused IT outsourcing is increasing, driven by digital transformation in the global healthcare industry. India’s IT outsourcing sector is playing a key role in providing scalable and cost-effective solutions with hospitals and healthcare providers adopting AI, automation, and cloud-based technologies. Aligned with this, healthcare companies are seeking advanced digital solutions to enhance patient care, optimize operations, and comply with regulatory standards. This has led to a surge in outsourcing IT services related to electronic health records (EHRs), AI-based diagnostics, and automated healthcare workflows. In August 2024, Sonata Software secured a multi-year, multi-million-dollar IT outsourcing deal with a US-based healthcare company. This agreement strengthens India's position in healthcare IT services by expanding digital transformation efforts in the sector. By leveraging AI and automation, Sonata Software aims to improve efficiency, reduce costs, and enhance the quality of healthcare IT solutions. With the increasing use of AI in diagnostics, remote patient monitoring, and predictive analytics, India's IT outsourcing companies are well-positioned to support healthcare organizations globally. The focus on automation and data-driven solutions is driving the demand for specialized IT outsourcing services in the healthcare sector. This trend highlights India's growing expertise in healthcare IT, thereby making it a preferred destination for outsourcing digital healthcare transformation initiatives.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region/country level for 2025-2033. Our report has categorized the market based on service model, organization size, and end user.
Service Model Insights:
The report has provided a detailed breakup and analysis of the market based on the service model. This includes software as a service (SaaS), platform as a service (PaaS), infrastructure as a service (IaaS).
Organization Size Insights:
The report has provided a detailed breakup and analysis of the market based on the organization size. This includes small and medium-sized enterprises and large enterprises.
End User Insights:
A detailed breakup and analysis of the market based on the end user have also been provided in the report. This includes BFSI, healthcare, media and telecommunications, retail and e-commerce, manufacturing, and others.
Region Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
---|---|
Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
|
Service Models Covered | Software as a Service (SaaS), Platform as a Service (PaaS), Infrastructure as a Service (IaaS) |
Organization Sizes Covered | Small and Medium-sized Enterprises, Large Enterprises |
End Users Covered | BFSI, Healthcare, Media and Telecommunications, Retail and E-commerce, Manufacturing, Others |
Regions Covered | North India, South India, East India, West India |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: