The Internet of Things Market in India

Opportunities & Challenges for Telecom Operators, 2017
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Published: 16 Jun 2017

The growing adoption of Cloud in IoT services, shifting of focus to industrial IoT (IIoT), the rising market of M2M communication, and the increasing trend of wearable technology applications are among the major factors driving the IoT market in India. Moreover, various government projects such as smart cities, smart transportation, smart grids, and so on are also expected to further propel the use of IoT technology in the country over the next five years. Telcos will have a critical role to play in this value chain. Moreover, considering the highly competitive telecom market scenario in India today, IoT will provide telcos with high growth opportunities along with new avenues for revenue. Telecom participants will need to up their game and move beyond connectivity to play a larger role in this IoT wave to capture the growing market and bring in a transformation in their traditional business model. This docket focuses on highlighting opportunities that IoT would create for service providers and challenges that Telcos would encounter while deploying IoT based solutions.

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