India Internet of Things (IOT) Market Research Report, Future Trends, Past & Present Data, In-Depth Analysis & Forecast 2022-2027 – Brits in Kenya

The latest report published by the IMARC group, titled “India Internet of Things Market: Industry Trends, Share, Size, Growth, Opportunities and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which includes information on Internet of Things (IOT) market share in India. The report also includes competitor and regional analysis, as well as contemporary market advancements. The Indian Internet of Things market is expected to grow at a CAGR of 13.87% during the period 2022-2027.

The Internet of Things (IoT) refers to the network of things integrating sensors, software and other technologies. It allows to connect and exchange data with other devices and systems on the Internet. It enables data sharing and collection with minimal human intervention. As a result, it is widely used in retail, government, healthcare, manufacturing, and transportation sectors.

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Like the new coronavirus (COVID-19[feminine]) the crisis is taking over the world, we are constantly monitoring the changes in the markets, as well as the purchasing behavior of consumers around the world and our estimates on the latest market trends and forecasts are made after taking into account the impact of this pandemic.

Market trends:

The market is mainly driven by the growing penetration of broadband internet in India. With this in mind, rapid advances in technology such as big data analytics, artificial intelligence, machine learning, new connectivity protocols and blockchain are driving the demand for IoT solutions. Additionally, increasing employment of IoT in smart homes, connected vehicles, traffic management systems, smart wearables, and healthcare solutions is positively influencing the market across the country. Moreover, rapid digitalization in agriculture, education, financial services and logistics sectors is driving the demand for IoT in the country.

Explore the full report with table of contents:

India Internet of Things Market segmentation :

Our report has categorized the market based on region, component, application, and vertical.

Breakdown by component:

  • Material
  • Software
  • Services
  • Connectivity

Breakdown by application:

  • smart home
  • Smart wearables
  • Smart cities
  • Smart Grid
  • IoT Industrial Internet
  • IoT connected cars
  • IoT Connected Healthcare
  • Others

Vertical distribution:

  • Health care
  • Energy
  • Public and Services
  • Transportation
  • Detail
  • People
  • Others

Breakdown by region:

  • North India
  • West and Central India
  • South India
  • Eastern India

Main highlights of the report:

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Porter’s Five Forces Analysis
  • Market drivers and success factors
  • SWOT analysis
  • Value chain
  • Complete mapping of the competitive landscape

We update our reports, if you want the latest primary and secondary data (2022-2027) with cost module, business strategy, competitive landscape, etc. Click request a free sample report, the report will be emailed to you in PDF format within 24-48 hours of payment confirmation.

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