"Despite global economic challenges, India provides strong growth opportunities across segments,  including infrastructure," said Naveen Mishra, research director at Gartner. "The nexus of forces - big data, cloud, social and mobility - are finding real-time business-driven use cases, which is bringing a paradigm shift in the way IT is delivering business impact and hence, changing the role of an Indian CIO," he said.

The Indian IT infrastructure market is driven by hardware refresh, optimization and consolidation efforts. New data centre build out, primarily driven by service providers, is providing added impetus to this market. The server market accounts for the largest chunk of the market, totaling $753m in 2013, and forecast to total $962.3m, in 2017. Increased uptake of x86-based technologies, coupled with continued investment in virtualization, will drive server growth. Virtualization is extending beyond servers and is setting the stage for private cloud adoption in many of the leading organizations.

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