India Internet of Things (IoT) Market Forecast and Opportunities, 2020

M a r k e t I n t e l l i g e n c e . C o n s u l t i n g

I n d i a I n t e r n e t o f T h i n g s ( I o T ) M a r ke t Fo r e c a s t & O p p o r t u n i t i e s , 2 0 2 0

I n d u s t r y B r i e f

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India Internet of Things (IoT) Market Forecast & Opportunities, 2020

Growing need for real-time monitoring, tracking and automation coupled with favorable governmentinitiatives to drive Internet of Things (IoT) market in India

According to “India Internet of Things (IoT) Market Forecast & Opportunities, 2020”, IoTmarket in India is projected to grow at a CAGR over 28% during 2015- 2020. IoT is being rapidlybrought into use across diverse industry verticals to reduce operational and manpower costs, andincrease operational efficiency. Consumer electronics, automotive & transportation, BFSI, home &building, energy & utilities, retail, supply chain & logistic sectors, and manufacturing are the keyemerging application areas where IoT technology is majorly being adopted. However, India’s IoT marketis highly fragmented with numerous players operating across the value chain.

With growing need for connectivity among devices, systems and services using variety of protocols anddomains; automating business processes; and real-time monitoring & tracking of services and systems,Internet of Things (IoT) technology has been gaining increasing market traction over the last few years.In the IoT concept, a ‘Thing’ can be any natural or man-made object that can be assigned an IP addressand provided an ability to transfer data over a network. Need for standardization of all devices across anIoT ecosystem coupled with favorable government policy environment are set to fuel growth in thecountry’s IoT market over the next five years. Planned government projects such as smart cities, smartgrids, smart transportation, etc., are expected to be the major revenue generating sources for the IoTsolution providers in the years to come.

The report discusses the following aspects of the IoT market in India:

•India Internet of Things (IoT) Market Size, Share & Forecast•Segmental Analysis – IoT Hardware, IoT Software Platforms and IoT Services•Policy and Regulatory Landscape•Changing Market Trends & Emerging Opportunities•Competitive Landscape & Strategic Recommendations

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S. No. Contents

1. Research Methodology

2. Analyst View

3. Internet of Things (IoT) Overview

4. Global IoT Market Overview

5. India IoT Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value

5.1.2. By Number of Connected Devices


5.2.1. By Component (Hardware, Software and Services)

5.2.2. By Communication Technology (Short Range, Cellular, Satellite and Others)

5.2.3. By End Use Industry

5.2.4. By Region

6. India IoT Hardware Market Outlook


6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Type (Devices and Gateway)

6.3. List of Leading Companies

7. India IoT Software Platforms Market Outlook


7.1.1. By Value


7.2.1. By Type (Data Analytics Platform and Service Enablement Platform)


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S. No. Contents


8. India IoT Services Market Outlook


8.1.1. By Value


8.2.1.By Type (Analytics Services, Managed Services, Professional Services, Product Engineering Services and Others)


9. India IoT Market- SWOT Analysis

10. Policy & Regulatory Landscape

11. Market Dynamics

11.1. Drivers

11.2. Challenges

12. Recent Trends & Developments

12.1. Rapidly Growing Wearable Technology Applications

12.2. Shifting Focus Towards Industrial Internet of Things (IIoT)

12.3. Growing Trend of Integration of Vertical Sectors

12.4. Growth in Machine-to-Machine (M2M) Communication

12.5. Rising Industry & Cross Country Partnerships

13. India Economic Profile

14. Competitive Landscape

14.1. Intel Technology India Pvt. Ltd.

14.2. Texas Instruments India Private Limited

14.3. STMicroelectronics Pvt. Ltd.

14.4. 3M India Limited


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14.5. Cisco Systems (India) Private Limited

14.6. Telit Wireless Solutions Co. Ltd.

14.7. Gemalto Digital Security Pvt. Ltd.

14.8. Microsoft Corporation (India) Private Limited

14.9. Tata Consultancy Services Limited

14.10. IBM India Private Limited

14.11. Infosys Limited

14.12. Tech Mahindra Limited

14.13. Wipro Limited

14.14. Happiest Minds Technologies Pvt. Ltd.

15. Strategic Recommendations

16. About Us & Disclaimer

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Figure No. Figure Titles

Figure 1: IoT Components Architecture

Figure 2: IoT Market Landscape

Figure 3: India IoT Market Size, By Value, 2010–2020F (USD Billion)

Figure 4: India IoT Market Size, By Number of Connected Devices, 2010–2020F (Million Units)

Figure 5: India IoT Market Share, By Component, By Value, 2010-2020F

Figure 6: India IoT Market Share, By Communication Technology, By Value, 2010-2020F

Figure 7: India IoT Market Share, By End Use Industry, By Value, 2010-2020F

Figure 8: India IoT Market Size, By Region, By Value, 2010-2014 (USD Billion)

Figure 9: India IoT Market Size, By Region, By Value, 2015-2020F (USD Billion)

Figure 10: India IoT Market Share, By Region, By Value, 2010-2020F

Figure 11: India IoT Hardware Market Size, By Value, 2010–2020F (USD Billion)

Figure 12: India IoT Hardware Market Share, By Type, By Value, 2010-2020F

Figure 13: India IoT Software Platforms Market Size, By Value, 2010–2020F (USD Billion)

Figure 14: India IoT Software Platforms Market Share, By Type, By Value, 2010-2020F

Figure 15: India IoT Services Market Size, By Value, 2010–2020F (USD Billion)

Figure 16: India IoT Services Market Share, By Type, By Value, 2010–2020F (USD Billion)

Figure 17: SWOT Analysis of India IoT Market

Figure 18: Internet of Things (IoT) & Industrial Internet of Things (IIoT) Architecture

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Table No. Table Titles

Table 1: IoT Hardware Leading Market Player in 2014

Table 2: IoT Software Platforms Leading Market Player in 2014

Table 3: IoT Services Leading Market Players in 2014

Table 4: IoT Draft Policy and Regulations

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Baseline Methodology:

Our dedicated team of industry experts has continuously monitored and analyzed various aspects of Internet of

Things (IoT) market in India. Our team of analysts has analyzed the outlook of various segments and

speculated a positive future for the industry. Taking into consideration various factors that influence the

purchase of devices and components in Internet of Things (IoT) market, our team of analysts has provided a

prudent analysis of the industry’s performance in the future. This would enable our clients in planning their

investment decisions and explore several growth opportunities existing in the India Internet of Things (IoT)

Market.

In addition, while compiling the data, we have also cross-checked all the collected information from multiple

sources and data warehouses in order to present an exhaustive data collection from credible, paid databases.

Our team of experts has then prudently evaluated the most accurate and precise information of the concerned

industry. We have also identified and analysed all the emerging trends, including important drivers and

challenges that the industry is confronting. We have also presented various forecasts for the industry based on

our in-depth analysis of market dynamics, prevalent trends, recent developments and opportunities, etc.

Companies InterviewedTelit, Gemalto, Cisco, Bosch, Infosys, TCS, Microsoft, IBM, Tech Mahindra

Secondary Sources Hoovers, Business Week, Company Annual Reports, Press Releases, CMIEPace, Factiva, One Source and News Articles

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1 2 3 4 57 8 9 10 11 12

India IoT Market Size, By

Value, 2010–2020F (USD

Billion)

10.00% 11.00% 12.00% 13.00% 14.00% 15.00% 16.00% 17.00% 18.00% 19.00% 20.00%20.00% 21.00% 22.00% 23.00% 24.00% 25.00% 26.00% 27.00% 28.00% 29.00% 30.00%

50.00% 51.00% 52.00% 53.00% 54.00% 55.00% 56.00% 57.00% 58.00% 59.00% 60.00%

2010 2011 2012 2013 2014 2015E 2016F 2017F 2018F 2019F 2020F

India IoT Market Share, By Components, By Value, 2010-2020F

12.10% 12.20% 12.30% 12.40% 12.50% 12.60% 12.70% 12.80% 12.90% 13.00% 13.10%2.10% 2.20% 2.30% 2.40% 2.50% 2.60% 2.70% 2.80% 2.90% 3.00% 3.10%5.10% 5.20% 5.30% 5.40% 5.50% 5.60% 5.70% 5.80% 5.90% 6.00% 6.10%6.10% 6.20% 6.30% 6.40% 6.50% 6.60% 6.70% 6.80% 6.90% 7.00% 7.10%

8.10% 8.20% 8.30% 8.40% 8.50% 8.60% 8.70% 8.80% 8.90% 9.00% 9.10%10.00% 10.10% 10.20% 10.30% 10.40% 10.50% 10.60% 10.70% 10.80% 10.90% 11.00%8.62% 8.80% 8.99% 9.18% 9.37% 9.58% 9.78% 9.99% 10.21% 10.42% 10.64%10.44% 10.45% 10.47% 10.47% 10.49% 10.51% 10.55% 10.58% 10.61% 10.64% 10.67%11.07% 11.15% 11.23% 11.30% 11.39% 11.46% 11.51% 11.54% 11.56% 11.55% 11.55%13.67% 13.75% 13.86% 14.00% 14.18% 14.34% 14.49% 14.62% 14.72% 14.77% 14.80%17.32% 17.45% 17.58% 17.67% 17.79% 17.91% 18.04% 18.16% 18.28% 18.37% 18.44%

2010 2011 2012 2013 2014 2015E 2016F 2017F 2018F 2019F 2020F

India IoT Market Share, By End Use Industry, By Value, 2010-2020F

1 2 3 4 5

20102011201220132014

North Region

36

912

15

2010 2011 2012 2013 2014

West Region

24

68

10

20102011201220132014

East Region

48

1216

20

2010 2011 2012 2013 2014

South Region

India IoT Market Size, By Region, By Value, 2010-

2014 (USD Billion)

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India Internet of Things (IoT) Market Forecast and Opportunities, 2020

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