Indian IoT Market

Global IoT

 All estimates were at historical USD 

Cisco defined IoT and IoE as trillion dollar opportunity worlwide. Global IoT market is estimated to 300 Billion+ or more by 2020.

Estimates of India IoT Size in USD

Listed by Year when estimate was made. All estimates were normalized for end 2020. Estimates vary based on scope [ Connectivity provision and managament is Telco or M2M revenue] and new (IoT) or older (SCADA ) also.

• 2014
  • TiE IoTForum panel estimates 10-12 Billion. Estimates 2013 size to be 2.5 Billion.
• 2016
  • Nasscom estimates 15 Billion by 2020 at 5% of Global market. Estimates early 2016 size to be 5.3 Billion.
  • 6Wresearch projects 28% CAGR till 2022 and 15 Billion + size for 2020
• 2017
  • Deloitte estimates 1.3 Biilion in 2016 and predicts 8 Billion by 2020 .

Service Providers

• 2017 Zinnov estimates global Enterprise IoT market at 3.5 Billion and 43% or 1.5 Billion serviced by Indian IT Services providers

=ToDo

• More depth
• Analysis of factors http://www.electronicsb2b.com/eb-specials/industry-report/lucrative-iot-market-india/
• 15% uplift to Indian Telco by IoT

• Relate to Global

See Also

CISCO, IBM, Gartner, Frost Sullivan etc