"The Indian IT infrastructure market will total USD 2.02 billion in 2015, a 3.3 per cent increase from 2014," Gartner said in a statement.
The IT infrastructure market includes server, storage and networking equipment.
Commenting on the figures, Gartner research director Naveen Mishra said, "The domestic infrastructure market will witness investments primarily fuelled by data centre modernisation initiatives to drive uninterrupted and better quality of service."
He added that the IT infrastructure market will go up to USD 2.29 billion in 2018.
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It further said the enterprise networking market will grow 7.02 per cent to USD 944 million in 2015 driven by an increased focus on mobility and big data activities and software defined networking.
Storage modernisation and consolidation, backup and recovery, and disaster recovery will result in a 9.23 per cent growth in the storage market to USD 426 million.
However, the servers segment will be a drag on the overall IT infrastructure spend and will witness a 4.77 per cent dip at USD 658 million, it estimated.