5 Technology Businesses That are Growing in India

India is a hub for experimenting with the newly evolved technology businesses. Companies in India and abroad like to release their newly innovated technology businesses to Indian consumers early on. Often, India gets these technology businesses before any other country does. Following is a small list of technology businesses that are growing in India -

1 - SaaS - Software as a service comes at low cost so that organisations from enterprise to small companies can install of them at affordable price. Right now, Indian tech landscape is oversaturated with SaaS models of various types, coming from both Indian and MNC organisations. Organisations are flooded with SaaS offerings and the field is growing.

2 - Security Solutions - In the aftermath of lockdowns and remote work becoming the norm, many organisations have shifted their workplace to remote or integrated a hybrid workplace model to their organisations. With this, security platforms are cautioning that security threats are growing and they are offering various types of security solution models which can be afforded by the organisations of all sizes.

3 - Remote Work Tools - With the remote work becoming the vogue, the models of hardware and software models, which combine various types of hardware with software applications are on top priority as most consumers want to avail of them. However, most of this hardware has become more expensive as it's more in demand. The software solutions that come with the hardware have become cheap.

4 - System Integration - With organisations wanting to link their systems to multiple servers and wanting easy solutions of data access, data analysis and data management, system integration models are very much in demand and it's tought o get any system integrator free or at fast pace.

5 - Hardware Service - With hardware gadgets in use several times multiplied as compared to before lockdown times, hardware services are most in demand and are growing at exponential rates. Everyone wants hardware services nowadays and a good hardware service provider can make a lot of profit in his business.

That said, it must be noted that the graphs of demand and growth of all these are not similar. SIs and hardware services are maximum in demand and also growing. But SaaS and security are not so much in demand as compared to SIs and hardware services. On the other hand, remote work tools are growing in demand and in business, but since they come at an expensive price tag, not everyone can afford them. Hence, their business growth is slow.