India IoT Connectivity Market Overview
Base Year: 2024
Historical Years: 2019-2024
Forecast Years: 2025-2033
The rapid expansion of digital infrastructure and increasing government initiatives promoting smart city development are driving growth in the India IoT Connectivity Market. According to the latest report by IMARC Group, The India IoT connectivity market size reached USD 78.5 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 366.7 Million by 2033, exhibiting a growth rate (CAGR) of 17.74% during 2025-2033.
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India IoT Connectivity Industry Trends and Drivers:
India’s IoT connectivity market is growing quickly. This growth comes from the country’s digital transformation and smart city projects. IoT is changing agriculture, healthcare, and manufacturing by allowing real-time data monitoring and improving efficiency. Government programs, like smart city initiatives, use IoT for traffic management, energy efficiency, and public services. The rollout of 5G technology boosts connectivity, making IoT solutions faster and more reliable. Businesses are using IoT to optimize supply chains and enhance productivity. Startups are creating new applications for India’s needs, from smart farming to urban infrastructure.
More smartphones and better internet access are speeding up IoT adoption in cities and rural areas. In healthcare, IoT devices are improving patient care with remote monitoring and diagnostics. The manufacturing sector is adopting Industry 4.0 technologies, using IoT to make operations smoother and cut downtime. Partnerships between tech companies and startups are driving innovation, with IoT platforms for smart homes gaining popularity. As India invests in digital infrastructure, the IoT market will grow, offering businesses chances to create smarter, connected solutions that improve daily life and boost economic growth.
We explore the factors propelling the India IoT connectivity market growth, including technological advancements, consumer behaviors, and regulatory changes.
India IoT Connectivity Industry Segmentation:
The report has segmented the market into the following categories:
Component Insights:
- Platform
- Services
Application Insights:
- Buildings and Home Automation
- Smart Energy and Utility
- Smart Manufacturing
- Smart Retail
- Smart Transportation
- Others
Enterprise Size Insights:
- Small and Medium-sized Enterprises
- Large Enterprises
End Use Industry Insights:
- Transportation
- Manufacturing
- Energy and Utilities
- Healthcare
- Retail
- Residential
- Government
- Insurance
- Others
Regional Insights:
- North India
- West and Central India
- South India
- East India
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the India IoT connectivity market. Detailed profiles of all major companies have also been provided. Some of the companies covered include Ericsson, Cisco Systems, Inc., Orange Business Services, Bharti Airtel Limited, Vodafone, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key highlights of the Report:
- Market Performance (2019-2024)
- Market Outlook (2025-2033)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Strategic Recommendations
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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