Indian Internet of Things (IoT) Growth Opportunities
Data-driven Intelligence and Connected Ecosystems Accelerate Transformational Growth of IoT in Enterprises
06-Sep-2021
South Asia, Middle East & North Africa
Market Outlook
The Indian internet of things (IoT) market is expected to expand at a compound annual growth rate of 13.2% from 2020 to 2025. This Frost & Sullivan report includes market sizing across the entire IoT value chain, such as hardware, connectivity protocols, application and platforms, system integration, and consulting services, and covers market trends affecting the IoT market in terms of innovation and deployment, including Mega Trends and technology trends. The study also shares insights on the IoT market by industry vertical and application/use case, identifying the key domains with the highest investment in IoT deployment. The report maps the opportunity universe for IoT vendors within the IoT value chain and presents high-potential business applications and key market verticals for revenue opportunities.
IoT adoption is growing in India, but enterprises struggle with legacy setups, connectivity protocols, and high costs associated with large-scale IoT deployment. IoT vendors can help enterprises in their digital transformation, including automation, by offering their global expertise and portfolio of IoT products and services. Apart from developing in-house capabilities, vendors should partner with value ecosystem participants to capitalize on advanced technologies, such as Big Data analytics, artificial intelligence and machine learning, new connectivity protocols, and blockchain, to stay ahead of the curve and address the rising demand for IoT solutions. India is a hotbed of opportunities for IoT providers, and the country’s IoT ecosystem is expected to continue growing to offer entire new streams of revenue.
Author: Abhinav Kumar
Why Is It Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top Three Strategic Imperatives on the Indian Internet of Things (IoT) Industry
Growth Opportunities Fuel the Growth Pipeline Engine™
Scope of Analysis
Definition of IoT
Segment Definition
Vertical Definition
Key Highlights
Changing Market Dynamics
Key Challenges During the COVID-19 Pandemic
The Indian M2M Market’s Connections (Cellular IoT Connectivity)
Quarterly M2M Revenue (2017–2021)
Pandemic Impact on M2M Revenue Forecast
IoT Market Revenue Forecast (2020–2025)
Top Predictions for 2021
Top Trends Shaping the Future of the IoT Industry
COVID-19 Impact on World GDP Growth
Global Growth Scenario Analysis—Assumptions
World GDP Growth Under Different Scenarios
COVID-19 Impact on Key Regions
Economic Outlook and Evolution of India
2021–2022 Economic Predictions of India
PESTEL Analysis of the IoT Industry
Impact of Macroeconomic Trends on the IoT Industry
Impact of Macroeconomic Trends on the IoT Industry (continued)
Impact of Macroeconomic Trends on the IoT Industry (continued)
Impact of Key Market Trends on the IoT Industry
Impact of Key Market Trends on the IoT Industry (continued)
Trend 1—Pandemic-triggered Changes in Enterprise Behavior Increase IoT Adoption
Trend 2—Management Focus on Automation Using IoT to Gain Momentum in Process Efficiencies
Trend 3—Enterprises Value Cost, ROI, and Security in IoT Solutions
Trend 4—Enterprises Deploy IoT Solutions in Few Critical Business Areas
Trend 5—Need for Flexible Pricing Options Based on Client Requirements
Trend 6—CIOs Are Key Stakeholders in Purchasing IoT Solutions
Trend 7—High Reliance on System Integrators and Hardware Providers for IoT Adoption
Trend 8—Widespread Web Presence Is Vital to Influencing Key Decision-makers
Trend 9—Vendor’s Understanding of Business/Industry Models Is Essential for IoT Users
Key Technology Trends in the IoT Industry
Impact of Technology Trends on the IoT Industry
Impact of Technology Trends on the IoT Industry (continued)
Impact of Technology Trends on the IoT Industry (continued)
Impact of Technology Trends on the IoT Industry (continued)
Growth Drivers for the IoT Industry
Growth Restraints for the IoT Industry
Key Participants in the IoT Value Chain
Key Growth Metrics
Forecast Assumptions
M2M Connections Forecast
IoT Market by Component
IoT Market by Component (continued)
IoT Market by Vertical
Cellular IoT Market by Vertical
Non-cellular IoT Market by Vertical
Revenue Forecast by Application/Use Case
Revenue Forecast by Application/Use Case—Cellular IoT Market
Revenue Forecast by Application/Use Case—Non-cellular IoT Market
Mega Trend 1—Cellular Connectivity Increases Low-power IoT Devices Adoption
Mega Trend 2—Edge Computing Boosts 5G Use Cases
Mega Trend 3—Big Data and Advanced Analytics Drive Precision in IoT
Mega Trend 4—Advanced Capabilities and Innovation Create Competitive Differentiation in Technology Vendors
Mega Trend 5—IoT Optimizes the Omnichannel Experience and Supply Chain in Retail
Mega Trend 6—AI-IoT in Mobility Offers Deep Dive Insights and Operational Data
Mega Trend 7—IoT for Smart Cities and Urbanization
Growth Opportunity 1—Private Long-term Evolution (P-LTE) for Enhanced Security
Growth Opportunity 1—Private Long-term Evolution (P-LTE) for Enhanced Security (continued)
Growth Opportunity 2—Real-time Operational Intelligence for Heightened Risk and Compliance Management
Growth Opportunity 2—Real-time Operational Intelligence for Heightened Risk and Compliance Management (continued)
Growth Opportunity 3—Visual Matrix Solutions for Improved CX
Growth Opportunity 3—Visual Matrix Solutions for Improved CX (continued)
Growth Opportunity 4—IoT as a Service for Smart Diagnostics Laboratories
Growth Opportunity 4—IoT as a Service for Smart Diagnostics Laboratories (continued)
Key Conclusions
Abbreviations and Acronyms Used
Your Next Steps
Why Frost, Why Now?
List of Exhibits
List of Exhibits (continued)
List of Exhibits (continued)
List of Exhibits (continued)
Legal Disclaimer
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Deliverable Type | Market Outlook |
---|---|
No Index | No |
Podcast | No |
Author | Abhinav Kumar |
Industries | Telecom |
WIP Number | PC26-01-00-00-00 |
Is Prebook | No |
GPS Codes | 9A64-C1,9705-C1,9AD1-C1,9657,9B07-C1 |