5th Floor, Parijat House,
Manjrekar Lane,
1076,
off Dr. E. Moses Road,
Worli Naka
Mumbai, Maharashtra
400 018
402, 4th Floor, MGF Mall, Near Select City Walk Mall,
Saket
New Delhi, Delhi
110017
302, 3rd Floor, Prestige Sigma, Vittal Mallya Grant Road
Bengaluru, Karnataka
560001
There has been an increased adoption in India and the market is expected to grow at 41% CAGR by 2020. The major share of the adoption is from the Industrial IoT (IIOT) segment, while that for the consumer IoT (CIoT) segment is slow as the awareness among the consumers is gaining momentum gradually.
Manufacturing and Smart cities / public utilities are the sectors investing heavily in IIoT. Healthcare and Agriculture are two big sectors where IoT can really be the catalyst for change especially rural healthcare. Logistics, Automotive and Retail are the other segments where IIoT is being deployed to improve the operational efficiency.
Internet enabled TV are the most used CIoT device followed by smartwatches and health / fitness bands. These wearables also have the highest intention to purchase and are seeing immediate adoption among consumers.
Devchand House, 6th Floor,
Shivsagar Estate,
C Block, Dr. Annie Besant Road,
Worli
Mumbai, Maharashtra
400 018
2nd & 3rd Floor,
AIHP Horizon, 445 Udyog Vihar Phase V,
Sector 19,
Gurugram, Haryana
122008
1st Floor, Alyssa No 23,
Richmond Road, Richmond Town,
Bengaluru, Karnataka
560025
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