Internet of Things (IoT) Market Analysis in India+
The relevance of research
The development of IoT is the creation of a technological ecosystem - a set of technological solutions for collecting, transmitting, aggregating data and a platform that allows you to process data and use it to implement ""smart"" solutions. A fairly large segment is distinguished in the Internet of Things (IoT) market - the industrial (often industrial) Internet of Things (Industrial Internet of Things, IIoT) - the Internet of Things for corporate / industry applications - a system of unified computer networks and connected industrial (production) facilities with built-in sensors and software for collecting and exchanging data, with the possibility of remote control and management in an automated mode, without human intervention.
Purpose of the study
Analysis of the state of the Internet of Things market, assessment of the market size, analysis of competitors, as well as identification of factors affecting the Internet of Things market.
Content
Part 1. Overview of the Indian Internet of Things (IoT) Market
1.1. Main characteristics of the market
1.2. Dynamics of the volume and capacity of the product market in 2014-2017
1.3. Main trends, drivers, threats of the Internet of Things (IoT) market
1.4. Competition from substitute products
1.5.The pace of technological change and product innovation
1.6. Market structure by sectors of use
Part 2. Competitive analysis in the Internet of things (IoT) market
2.1. Market life cycle stage
2.2. Market saturation
2.3. Major players in the market
2.4. Market shares of the largest competitors
2.5. Profiles of major players
Part 3. Analysis of the offer in the Internet of things (IoT) market
3.1. Technological solutions of Indian manufacturers in the field of IoT
3.2. Compact placement of the main companies in certain regions
Part 4. Analysis of consumption in the IoT market
4.1. Consumption structure
4.2. Analysis of consumer preferences
4.3. Analysis of the results of tenders for the purchase
Part 5. Analysis of macro factors affecting the market
Part 6. Assessment of factors of investment attractiveness of the Internet of Things (IoT) market
Part 7. Forecast of market size until 2022
Part 8. Recommendations and conclusions
Research excerpt
Part 1. Overview of the Indian Internet of Things (IoT) Market
1.1. Main characteristics of the market
The object of this study is the market of the Internet of things (IoT, Internet of Things). Internet of Things (IoT, Internet of Things) is a system of unified computer networks and connected physical objects (things) with built-in sensors and software for collecting and exchanging data, with the ability to remote control and manage in an automated mode, without human intervention.
A fairly large segment is distinguished in the Internet of Things (IoT) market - the industrial (often industrial) Internet of Things (Industrial Internet of Things, IIoT) - the Internet of Things for corporate / industry applications - a system of unified computer networks and connected industrial (production) facilities with built-in sensors and software for collecting and exchanging data, with the possibility of remote control and management in an automated mode, without human intervention.
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1.2. Dynamics of the volume and capacity of the product market in 2014-2017
The development of IoT is not only an increase in the penetration of ""connected"" devices, but also the creation of a technological ecosystem - a set of technological solutions for collecting, transmitting, aggregating data and a platform that allows you to process data and use it to implement ""smart"" solutions.
In general, the Internet of Things (IoT) market is characterized by ... annual ... , which is traditional for a market that is at the stage of the growth of the life cycle curve.
Diagram 1. Dynamics of the Internet of things (IoT) market volume, 2014-2017
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Chart 2. Internet of Things (IoT) Market Size Growth Rate vs. Revenue Growth Rate for Software Development, Consulting and Other Related Services Industry and Growth Rate for All Industry Sectors in India, 2015-2017, %
1.3. Main trends, drivers, threats of the Internet of Things (IoT) market
IoT technologies have a number of features and limitations of application in India…
1.4 Competition from substitute products
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1.5.The pace of technological change and product innovation
The Internet of Things (IoT) market is characterized by…
1.6. Market structure by sectors of use
Diagram 4. Industry structure of the Internet of Things (IoT) market
Comparing the current costs of implementing IoT solutions among the total IT costs in various industries, the researchers note that representatives of the …
Diagram 5. Share of IoT expenses in the total structure of IT expenses, %
Part 2. Competitive analysis in the Internet of things (IoT) market
2.1. Market life cycle stage
India's Internet of Things (IoT) market is in the early stages of a growth life cycle. This is evidenced by:…
2.2. Market saturation
Internet of Things (IoT) Market Saturation in India…
2.3. Major players in the market
The Internet of Things (IoT) market is extremely multifaceted, offering not only solutions for various industries, enterprises of various fields and forms of ownership, but also technological products of various nature, means of production, network devices, etc.
As a consequence of the above...
2.4. Market shares of the largest competitors
The main players in the IoT market in India are…
2.5.Profiles of the main players
Basic information about the No. 1 participant in the Internet of Things (IoT) market
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Basic information about the No. 2 participant in the Internet of Things (IoT) market
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Basic information about the No. 3 participant in the Internet of Things (IoT) market
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Basic information about the participant No. 4 of the Internet of things (IoT) market
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Basic information about the participant No. 5 of the Internet of things (IoT) market
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Part 3. Analysis of the offer in the Internet of things (IoT) market
3.1. Technological solutions of Indian manufacturers in the field of IoT
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3.2. Compact placement of the main companies in certain regions
The development and implementation of complex IoT solutions requires large investment costs: qualified labor resources, significant experience in the IT market, advanced technical and operational equipment, as a result of which most of the developments that have gained popularity belong to large IT companies...
Part 4. Analysis of consumption in the IoT market
4.1. Consumption structure
… remain the top investment sectors …
4.2. Analysis of consumer preferences
Chart 8. Areas where industry representatives expect the greatest benefits from the implementation of IoT technologies in the next three years
Chart 9. Areas where financial services companies expect the greatest benefits from the adoption of IoT technologies in the next three years
Chart 10: Areas where consumer goods companies expect the greatest benefits from IoT adoption over the next three years
4.3. Analysis of the results of tenders for the purchase
Information about ongoing tenders in the field of the Internet of Things (IoT) confirms GidMarket’s conclusion about …
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Part 5. Analysis of macro factors affecting the market
Of course, almost any market is influenced by macro factors. At the same time, due to the specifics of a particular market, the impact can be very ambiguous. Let's determine the vector of influence of economic, demographic, technological, political factors on the IoT market.
The exchange rate is a significant factor for the IoT market, and the influence does not come directly, but through the equipment markets, the cost of building new data centers, the cost of foreign IT solutions, etc.
Relative to January 2014, the US dollar exchange rate against the rupee increased by 90,6%. At the same time, in the last 12 months, the rupee exchange rate against the US dollar has decreased by 6,2% (diagram 14).
Chart 14. The dynamics of the US dollar against the rupee, Jan. 2014 - July 2018, Rs. for 1 US dollar
Demographic
Over the past nine years, the population of India has shown a positive trend.
At the same time, in 2013–2016, there is a positive natural increase in the population. Population growth largely ensures migration growth. Population growth increases potential demand now and in the future. The positive influence of the factor.
Chart 16. Population change in India, 2010-2018
Part 6. Assessment of factors of investment attractiveness of the Internet of Things (IoT) market
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Part 7. Forecast of market size until 2022
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Part 8. Recommendations and conclusions
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Diagrams
Diagram 1. Internet of Things (IoT) Market Size Dynamics, 2014-2017
Diagram 2. Growth rate of the Internet of Things (IoT) market in comparison with the growth rate of revenue in the industry ""Development of computer software, consulting in this area and other related services"" and with the growth rate in all sectors of the Indian economy, 2015-2017, %
Figure 3. Technological trends at the heart of IoT
Diagram 4. Industry structure of the Internet of Things (IoT) market
Diagram 5. Share of expenses on IoT in the total structure of expenses on IT, %
Figure 6. Internet of Things (IoT) Market Life Cycle Stage in India
Figure 7. Geographic concentration of supply and demand in the Internet of Things (IoT) market
Diagram 8. Areas where industry representatives expect the greatest benefits from the implementation of IoT technologies in the next three years
Diagram 9. Areas where financial services companies expect the greatest benefits from IoT adoption in the next three years
Diagram 10. Areas where consumer goods companies expect the greatest benefits from the adoption of IoT technologies in the next three years
Diagram 11. Areas where tech companies expect the greatest benefits from IoT adoption in the next three years
Diagram 12. Internet penetration in India among the audience of 16 years and older, 2008-2017, %
Diagram 13. Dynamics of GDP growth in India, 2011-2017, Q1 2018
Diagram 14. The dynamics of the US dollar against the rupee, Jan. 2014 - July 2018, Rs. for 1 US dollar
Diagram 15. Dynamics of retail trade turnover, 2007–2017
Diagram 16. Population change in India, 2010-2018
Diagram 17. The largest IT spending industries in Central and Eastern Europe
Diagram 18. Forecast of Industrial Internet of Things (IIoT) Share in Indian Internet of Things (IoT) Market Size until 2020
Diagram 19. Internet of Things (IoT) Market Size Forecast, 2018-2022
Tables
Table 1. Consolidated estimate of the Internet of Things (IoT) market size
Table 2. Profitability before tax of the industry ""Development of computer software, consulting in this area and other related services"" relative to all sectors of the Indian economy 2012-2016,%
Table 3. IoT Application Markets
Table 4. Companies participating in the IoT ecosystem on a global scale
Table 5. Case Studies of IoT Implementation in India
Table 6. Largest IT Companies in India 2018
Table 7. Shares of the largest Internet of Things (IoT) market operators in India
Table 8. Basic information about the Internet of Things (IoT) market participant “…”
Table 9. Basic information about the Internet of Things (IoT) market participant “…”
Table 10. Basic information about the Internet of Things (IoT) market participant “…”
Table 11. Basic information about the Internet of Things (IoT) market participant “…”
Table 12. Basic information about the Internet of Things (IoT) market participant “…”
Table 13. Some solutions of Indian manufacturers in the field of IoT
Table 14. Data on tenders for the purchase of Internet of Things (IoT) market products in 2018 (7 months)
Table 15. STEP analysis of factors affecting the Internet of things (IoT) market, 2018
Table 16. Factors of investment attractiveness of the Internet of Things (IoT) market
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