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

1. 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
India Internet of Things (IoT) Market
Forecast & Opportunities, 2020

2. 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 government
initiatives to drive Internet of Things (IoT) market in India
According to “India Internet of Things (IoT) Market Forecast & Opportunities, 2020”, IoT
market in India is projected to grow at a CAGR over 28% during 2015- 2020. IoT is being rapidly
brought into use across diverse industry verticals to reduce operational and manpower costs, and
increase operational efficiency. Consumer electronics, automotive & transportation, BFSI, home &
building, energy & utilities, retail, supply chain & logistic sectors, and manufacturing are the key
emerging application areas where IoT technology is majorly being adopted. However, India’s IoT market
is highly fragmented with numerous players operating across the value chain.
With growing need for connectivity among devices, systems and services using variety of protocols and
domains; 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 address
and provided an ability to transfer data over a network. Need for standardization of all devices across an
IoT ecosystem coupled with favorable government policy environment are set to fuel growth in the
country’s IoT market over the next five years. Planned government projects such as smart cities, smart
grids, smart transportation, etc., are expected to be the major revenue generating sources for the IoT
solution 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

3. Ta b l e o f C o n t e n t s
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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. Market Size & Forecast
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. Market Size & Forecast
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. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Type (Data Analytics Platform and Service Enablement Platform)

4. Ta b l e o f C o n t e n t s
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S. No. Contents
7.3. List of Leading Companies
8. India IoT Services Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1.
By Type (Analytics Services, Managed Services, Professional Services, Product Engineering
Services and Others)
8.3. List of Leading Companies
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

5. Ta b l e o f C o n t e n t s
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S No. Contents
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

6. L i s t o f F i g u r e s
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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

7. L i s t o f Ta b l e s
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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

8. R e s e a r c h M e t h o d o l o g y
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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 Interviewed
Telit, Gemalto, Cisco, Bosch, Infosys, TCS, Microsoft, IBM, Tech Mahindra
Secondary Sources
Hoovers, Business Week, Company Annual Reports, Press Releases, CMIE
Pace, Factiva, One Source and News Articles

9. S a m p l e D a t a - S n a p s h o t
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1 2 3 4 5
7 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
3
6
9
12
15
2010 2011 2012 2013 2014
West Region
2
4
6
8
10
20102011201220132014
East Region
4
8
12
16
20
2010 2011 2012 2013 2014
South Region
India IoT Market Size, By Region, By Value, 2010-
2014 (USD Billion)

10. R e p o r t O r d e r i n g
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