November 3, 2020

India Internet of Things Market Forecast 2020 – 2027 – Top Key Players Analysis

The market report aims to provide an overview of the industry through detailed market segmentation. The report provides thorough information regarding the overview and scope of the market, along with the market drivers, restrains, and key trends. It covers both the quantitative and qualitative aspects of the industry in each country participating in the study.

Key Drivers of the India IoT Market:

The major drivers boosting the growth of India’s internet of things market include the increasing adoption of affordable devices, followed by analytics as well as growing internet penetration. Rising government steps and efforts for pushing the adoption of the developing technologies through several initiatives, which include Digital India, Make in India, and Smart Cities, among others are creating various opportunities for the deployment of emerging technologies, thus propelling the growth of the internet of things market in India in the upcoming years. Moreover, various technological advancements and increasing investments in the research and development activities for the development of the internet of things will further surge the demand across the country.

Improving living standards, supporting the environment, coupled with rising approval for the smart applications, are some of the major factors bolstering the growth of the market. Growing penetration of internet and smartphone users is propelling the market of the internet of things. The use of IoT-driven solutions is rising in agriculture, such as the adoption of precision farming techniques and in the manufacturing sector in the country. The factors hindering the growth of India's internet of things market include the growing concerns pertaining to data privacy and security issues.

This report splits the India IoT Market as follows:

By Component:

  • Software Solution
  • Services
  • Platform

By Software Solution:

  • Data Management

o Product Data

o Location Data

o Customer Data

o Supplier Data

o Asset Data

  • Real Time Streaming Analytics
  • Remote Monitoring
  • Security Solution

o Data Encryption and Tokenization

o Distributed Denial of Service Protection

o Identity Access Management

o Secure Communications

o Others

  • Network bandwidth management

o Bundled Network Management

o Standalone Network Management

By Services:

  • Professional service

o Support and Maintenance

o Deployment and Integration

o Consulting Service

  • Managed Service

By Platform:

  • Device Management
  • Cloud Platform
  • Network Management
  • Application Management

By Node Component:

  • Sensor

o Inertial Measurement Unit

o Accelerometer

o Pressure Sensor

o Image Sensor

o Others

  • Processor

o Microprocessor

o Microcontroller

o Application Processor

o Digital Signal Processor

  • Connectivity IC

o Wireless

o Wired

o Logic Device

o Memory Device

By Application:

  • Smart Manufacturing
  • Building & Automation
  • Connected Logistics
  • Smart Energy & Utilities
  • Agriculture
  • Smart Mobility & Transportation
  • Government and Defense
  • Smart Retail
  • Connected Healthcare
  • Others

By Network Infrastructure:

  • Storage
  • Server
  • Ethernet Switch & Routing
  • Gateway

By Connectivity Technology:

  • Bluetooth Low Energy (BLE)
  • Wi-fi
  • Near Field Communication
  • Cellular
  • Satellite
  • Others

Competitive Landscape:

The India IoT market report also scans the competitive landscape and profiles the major players operating in the market including SAP SE, IBM Corporation, Intel Corporation, Microsoft Corporation, Oracle Corporation, Cisco Systems Inc., Siemens, Hewlett Packard Enterprise, Google LLC, and Amazon Web Services, Inc. among others.

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