Indian IT majors now command 36% of sector's global brand value; TCS in top two

TCS

• 8 Indian IT firms hold 36% of global IT brand value, worth $60.4 billion.
• TCS is the world's second most valuable IT brand; Infosys ranks third globally
• Persistent Systems is the fastest-growing Indian IT brand, up 22 percent in 2026

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Eight Indian IT services providers now account for 36 percent or $60.4 billion in total brand value, according to a new report by Brand Finance, a brand valuation consultancy, launched at World Economic Forum 2026.

Brand TCS valued at $21.2 billion in 2026, has become the world’s second most valuable IT Services brand for the fifth year in a row.

TCS crossed around $30 billion in annual revenue in FY25, solidifying its status as one of the largest global IT services players. Artificial Intelligence (AI), cloud and cybersecurity have been the main growth engines, with TCS launching new AI labs, centres of excellence and delivery centres to support these services.​

Infosys with a brand value of $16.4 billion is once again the world’s third most valuable IT Services brand, leading the industry with the fastest growing Compound Annual Growth Rate (CAGR) in brand value of 15 percent over 6 years.

The IT major has continued to see strong demand across AI, cloud, and digital transformation services, alongside several large deal wins. It is the world’s third-strongest IT Services brand.

“The expansion from seven to eight Indian brands in the world’s top 25 IT Services ranking highlights the sector’s depth, with leaders such as TCS and Infosys combining sustained revenue growth with advanced capabilities in AI, cloud, and cybersecurity," said Ajimon Francis, Managing Director India, Brand Finance.

In addition, the strong performance of mid-tier brands like Persistent Systems, Hexaware Technologies and LTIMindtree underscore how India’s IT services ecosystem is evolving beyond scale alone, driven by innovation, specialised expertise, and long-term investment in next-generation technologies, he added.

HCLTech's brand value went up 1 percent to $9 billion and Wipro's brand value increased 4 percent to $6.3 billion, each maintaining their positions from 2025, ranked eighth and ninth among the sector’s 25 brands.

Persistent Systems' brand value is up 22 percent to $989 million and is the fastest-growing IT Services brand of 2026. As a fast-growing mid-tier brand, Persistent Systems’ growing brand value is underpinned by sustained, broad-based revenue growth and its ability to leverage hyperscale partnerships and product engineering expertise to secure AI modernisation mandates.

Other notable achievements of Indian IT Services brands this year include Tech Mahindra with a brand value of $3.4 billion. It retained its 12th position in brand value ranking, supported by sustained growth driven by refreshed brand identity, Scale at Speed positioning and strategic pivot towards AI-led solutions, strong demand for next-generation technologies such as LLM, and renewed investor confidence.

LTIMindtree's brand value is up 6 percent to $2.3 billion. It climbed two places to 13th supported by robust demand for AI and digital transformation services, and continued investment in proprietary AI platforms such as BlueVerse.

Hexaware Technologies brand value is up 7 percent to $879 million. It continues to be in top 25 rank with sustained revenue growth and is the second fastest growing Indian IT Services brand.

Overall, the total value of the world’s top 25 IT Services brands reached $167.2 billion in 2026, a modest 2 percent increase from 2025.

Accenture maintains its position as the world’s most valuable IT Services brand for the eighth consecutive year, with a 2 percent increase in brand value to $42.3 billion in 2026.