India Industrial Iot Market (2020-2026): Market Forecast

India Industrial Iot Market (2020-2026): Market Forecast By Hardware (Sensors & Actuators, Controllers & Others (Smart Meters, Camera, Interface Boards, Yield Monitors, Etc.)), By Connectivity (Wired Technologies (Ethernet, Profinet, Profibus, EtherCat, Modbus, Foundation Fieldbus, OPC-UA, MT Connect, CC-Link), Wireless Technologies (Wi-Fi, Bluetooth & Others (Cellular, Satellite, Zigbee, Etc.))), By Software (Product Lifecycle Management, Manufacturing Execution Systems, SCADA, Outage Management Systems, Distribution Management Systems, Remote Patient Monitoring, Retail Management Software & Others (Transit Management System, Farm Management System, Etc.)), By Verticals (Healthcare (Medical Diagnostic Equipment And Pharmaceutical Companies), Transportation (Rail, Road, And Shipping), Manufacturing, Automotive & Other Industries (Smart Cities And Infrastructure, Educational Institutions, Etc.)), By Regions (Eastern, Western, Northern, Southern) And Competitive Landscape

India Industrial Iot Market report comprehensively covers the market by hardware, connectivity, software, verticals, and regions. The India Industrial IoT market report provides an unbiased and detailed analysis of India Industrial IoT market share, India Industrial IoT market trends, opportunities, high growth areas, and market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.

India Industrial IoT Market Synopsis

India Industrial IoT Market is anticipated to register growth as numerous states are expected to witness an industrial construction spree in the coming years, with construction projects including the setting up of large-scale commercial and industrial establishments including retail, healthcare, and transport & logistics. The above-mentioned growth would also be fuelled by the advancement in wireless technology coupled with the increasing need for condition monitoring in industries all over the country. Remote monitoring in factories and plants has also gained traction amid the COVID-19 pandemic, which would also bode well for the industrial IoT market in the country in the years to come. The market has seen a halt owing to the massive outbreak of COVID-19 which resulted in nationwide lockdowns to combat the spread of the virus and has led to a decline in the overall market growth.

According to 6Wresearch, India Industrial IoT Market size is projected to grow at CAGR of 15.5% during 2020-2026. The modern market landscape is leading to increased efforts to strengthen the infrastructure and improve the Solutions and aid provided by the various industrial landscape and remove the dexterities owing to the scarcity of manpower witnessed by the various industries along with due arrangements of the necessary funds and resources to run the effective test and measurement and implementation of internet of thing technology in the Indian industrial landscape and is expected to be a potential driver for the skyrocketing growth of the India Industrial IoT market in the coming future. Further, to bring in high technology and fast communication access, many satellite industry-based private players across the world are working towards the growth and expansion of their present infrastructure to enhance the installation and integration of the necessary equipment related to the Industrial IoT in every nook and corner of the world along with the alignment of the same with the evolving augmented reality environment and as a result, is further, expected to be a positive driving growth factor for the India Industrial IoT market in the near future.

Market Analysis by Hardware Segment

In the hardware segment, sensors, and actuators acquired the majority of the market revenue share in 2019 on account of the increasing need for predictive maintenance and condition monitoring in traditional manufacturing facilities. Nevertheless, the awareness level of IoT implementation in niche sectors is yet to gain traction among the IoT providers. Further, with the emergence of low-power hardware devices, cloud integration, big data analytics, robotics & automation, and smart sensors, the Indian IoT market is expected to provide numerous opportunities for service providers and manufacturers in the forecast period.

Market Analysis by Verticals

IoT solutions are being increasingly used in the healthcare sector and gained a chunk of the market share in the overall market revenues of 2019 on account of the difficulty faced by the health providers to visit patients with chronic conditions frequently coupled with increasing applications of connectivity solutions in hospitals and healthcare centers. With wireless technologies getting cost-effective, many governments and private hospitals in the country have started to adopt practices such as emergency care, inventory & patients tracking, augmented surgeries, virtual monitoring, etc. Hence, the use of sensors and other related components in these departments is expected to increase in the forecast period.

Key Attractiveness of the Report

  • COVID-19 Impact on the Market.
  • 10 Years Market Numbers.
  • Historical Data Starting from 2016 to 2020.
  • Base Year: 2019
  • Forecast Data until 2026.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report

  • India industrial IoT Market Overview
  • India industrial IoT Market Outlook
  • India industrial IoT Market Forecast
  • India industrial IoT Market Size
  • Historical Data of India Industrial IoT Market Revenues for the Period 2017-2026
  • India industrial IoT Market Forecast of Revenues, Until 2026
  • Historical Data and Forecast of India Industrial IoT Market Revenues, By Hardware, for the Period 2017-2026
  • Historical Data and Forecast of India Industrial IoT Market Revenues, By Connectivity, for the Period 2017-2026
  • Historical Data and Forecast of India Industrial IoT Market Revenues, By Software, for the Period 2017-2026
  • Historical Data and Forecast of India Industrial IoT Market Revenues, By Verticals, for the Period 2017-2026
  • Historical Data and Forecast of India Industrial IoT Market Revenues, By Regions, for the Period 2017-2026
  • India industrial IoT Market Outlook on Drivers and Restraints
  • India industrial IoT Market Trends
  • India industrial IoT Industry Life Cycle
  • Porter’s Five Force Analysis
  • India industrial IoT Market Opportunity Assessment
  • India industrial IoT Market Share, By Company
  • India industrial IoT Market Overview on Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

By Hardware:

    • Sensors & Actuators
    • Controllers
    • Others (Smart Meters, Camera, Interface Boards, Yield Monitors, etc.)

By Connectivity:

  • Wired Technologies

§  Ethernet

§  Profinet

§  Profibus

§  EtherCat

§  Modbus

§  Foundation Fieldbus

§  OPC-UA

§  MT Connect

§  CC-Link

  • Wireless Technologies

§  Wi-Fi

§  Bluetooth

§  Others (Cellular, Satellite, Zigbee, etc.)

By Software:

    • Product Lifecycle Management
    • Manufacturing Execution Systems
    • SCADA
    • Outage Management Systems
    • Distribution Management Systems
    • Remote Patient Monitoring
    • Retail Management Software
    • Others (Transit Management System, Farm Management System, etc.)

By Verticals:

    • Healthcare (Medical Diagnostic equipment and Pharmaceutical Companies)
    • Transportation (Rail, Road, and Shipping)
    • Manufacturing
    • Automotive
    • Other Industries (Smart cities and infrastructure, educational institutions, etc.)

By Regions:

    • Eastern
    • Western
    • Northern
    • Southern

1. Executive Summary                                                                                                                                     

2. Introduction

2.1. Report Description

2.2. Key Highlights

2.3. Market Scope & Segmentation

2.4. Research Methodology

2.5. Assumptions

3. India Industrial IoT Market Overview

3.1. India Industrial IoT Market Revenues, 2017-2026F

3.2. India Industrial IoT Market- Industry Life Cycle

3.3. India Industrial IoT Market - Porter’s Five Forces

3.4. India Industrial IoT Market- Ecosystem

3.5. India Industrial IoT Market Revenue Share, By Hardware, 2019 & 2026F

3.6. India Industrial IoT Market Revenue Share, By Connectivity, 2019 & 2026F

3.7. India Industrial IoT Market Revenue Share, By Software, 2019 & 2026F

3.8. India Industrial IoT Market Revenue Share, By Verticals, 2019 & 2026F

3.9. India Industrial IoT Market Revenue Share, By Regions, 2019 & 2026F

4. India Industrial IoT Market Dynamics

4.1. Impact Analysis

4.2. Market Drivers

4.3. Market Restraints

5. India Industrial IoT Market Trends

6. India Industrial IoT Market Overview, By Hardware

6.1. India Industrial IoT Market Revenues, By Hardware, 2017-2026F

6.2. India Industrial IoT Market Revenues, By Hardware Types, 2017-2026F

6.2.1. India Industrial IoT Market Revenues, By Sensors & Actuators, 2017-2026F

6.2.2. India Industrial IoT Market Revenues, By Controllers, 2017-2026F

6.2.3. India Industrial IoT Market Revenues, By Others, 2017-2026F

7. India Industrial IoT Market Overview, By Connectivity

7.1. India Industrial IoT Market Revenues, By Wired Technologies, 2017-2026F

7.2. India Industrial IoT Market Revenues, By Wired Technologies Types, 2017-2026F

7.2.1. India Industrial IoT Market Revenues, By Ethernet, 2017-2026F

7.2.2. India Industrial IoT Market Revenues, By Profinet, 2017-2026F

7.2.3. India Industrial IoT Market Revenues, By Profibus, 2017-2026F

7.2.4. India Industrial IoT Market Revenues, By EtherCat, 2017-2026F

7.2.5. India Industrial IoT Market Revenues, By Modbus, 2017-2026F

7.2.6. India Industrial IoT Market Revenues, By Foundation Fieldbus, 2017-2026F

7.2.7. India Industrial IoT Market Revenues, By OPC-UA, 2017-2026F

7.2.8. India Industrial IoT Market Revenues, By MT-Connect, 2017-2026F

7.2.9. India Industrial IoT Market Revenues, By CC-Link, 2017-2026F

7.3. India Industrial IoT Market Revenues, By Wireless Technologies, 2017-2026F

7.4. India Industrial IoT Market Revenues, By Wireless Technologies Types, 2017-2026F

7.4.1. India Industrial IoT Market Revenues, By Wi-Fi, 2017-2026F

7.4.2. India Industrial IoT Market Revenues, By Bluetooth, 2017-2026F

7.4.3. India Industrial IoT Market Revenues, By Others, 2017-2026F

8. India Industrial IoT Market Overview, By Software

8.1. India Industrial IoT Market Revenues, By Product Lifecycle Management, 2017-2026F

8.2. India Industrial IoT Market Revenues, By Manufacturing Execution Systems, 2017-2026F

8.3. India Industrial IoT Market Revenues, By SCADA, 2017-2026F

8.4. India Industrial IoT Market Revenues, By Outage Management Systems, 2017-2026F

8.5. India Industrial IoT Market Revenues, By Distribution Management Systems, 2017-2026F

8.6. India Industrial IoT Market Revenues, By Remote Patient Monitoring, 2017-2026F

8.7. India Industrial IoT Market Revenues, By Retail Management Software, 2017-2026F

8.8. India Industrial IoT Market Revenues, By Others, 2017-2026F

9. India Industrial IoT Market Overview, By Verticals

9.1. India Industrial IoT Market Revenues, By Healthcare, 2017-2026F

9.2. India Healthcare IoT Market Revenue Share, By Hardware, 2019 & 2026F

9.2.1. India Healthcare IoT Market Revenues, By Sensors & Actuators, 2017-2026F

9.2.2. India Healthcare IoT Market Revenues, By Controllers, 2017-2026F

9.2.3. India Healthcare IoT Market Revenues, By Others, 2017-2026F

9.3. India Pharmaceutical Sector Outlook

9.4. India Industrial IoT Market Revenues, By Transportation, 2017-2026F

9.5. India Transportation IoT Market Revenue Share, By Hardware, 2019 & 2026F

9.5.1. India Transportation IoT Market Revenues, By Sensors & Actuators, 2017-2026F

9.5.2. India Transportation IoT Market Revenues, By Controllers, 2017-2026F

9.5.3. India Transportation IoT Market Revenues, By Others, 2017-2026F

9.6. India Transportation Sector Outlook

9.7. India Industrial IoT Market Revenues, By Manufacturing, 2017-2026F

9.8. India Manufacturing IoT Market Revenue Share, By Hardware, 2019 & 2026F

9.5.1. India Manufacturing IoT Market Revenues, By Sensors & Actuators, 2017-2026F

9.5.2. India Manufacturing IoT Market Revenues, By Controllers, 2017-2026F

9.5.3. India Manufacturing IoT Market Revenues, By Others, 2017-2026F

9.9. India Manufacturing Sector Outlook

9.10. India Industrial IoT Market Revenues, By Automotive, 2017-2026F

9.11. India Automotive Sector Outlook

9.12. India Industrial IoT Market Revenues, By Other Industries, 2017-2026F

9.13. India Power Utility Sector Outlook

9.14. India Smart Cities Outlook

10. India Industrial IoT Market Overview, By Regions

10.1. India Industrial IoT Market Revenues, By Eastern Region, 2017-2026F

10.2. India Industrial IoT Market Revenues, By Western Region, 2017-2026F

10.3. India Industrial IoT Market Revenues, By Northern Region, 2017-2026F

10.4. India Industrial IoT Market Revenues, By Southern Region, 2017-2026F

11. India Industrial IoT Market- Opportunity Assessment

11.1. India Industrial IoT Market Opportunity Assessment, By Hardware, 2026F

11.2. India Industrial IoT Market Opportunity Assessment, By Connectivity, 2026F

11.3. India Industrial IoT Market Opportunity Assessment, By Software, 2026F

11.4. India Industrial IoT Market Opportunity Assessment, By Verticals, 2026F

11.5. India Industrial IoT Market Opportunity Assessment, By Regions, 2026F

12. India Industrial IoT Market- Competitive Landscape

12.1. India Industrial IoT Market Revenue Share, By Companies, 2019

12.2.India Industrial IoT Hardware Components Market Revenue Share, By Companies, 2019

12.3. India Industrial IoT Market Competitive Benchmarking, By Verticals

12.4. India Industrial IoT Market Competitive Benchmarking, By Operating Parameters

12.5. SWOT Analysis – Contec Co., Ltd.

13. Company Profiles

13.1. Tata Communications Ltd.

13.2. Siemens Ltd

13.3. Accenture Solutions Pvt. Ltd.

13.4. Infosys Ltd.

13.5. IBM India Pvt. Ltd.

13.6. HCL Technologies Ltd.

13.7. Wipro Ltd.

13.8. Tech Mahindra Ltd.

13.9. Flutura Business Solutions Pvt. Ltd.

13.10. L&T Technology Services Ltd.

13.11. Advantech Industrial Computing India Pvt. Ltd.

13.12. Moxa India Industrial Networking Pvt. Ltd.

13.13. ADLINK Technology Singapore Pte. Ltd.

13.14. Beckhoff Automation Pvt. Ltd.

13.15. Axiomtek Co., Ltd.

13.16. Contec Co., Ltd.

14. Key Strategic Recommendations

15. Disclaimer


List Of Tables

1. India Industrial IoT Market Revenue Share, By Software, 2019 & 2026F

2. India Industrial IoT Market Revenues, By Hardware Types, 2017-2026F ($ Billion)

3. India Industrial IoT Market Revenues, By Wired Technologies Types, 2017-2026F ($ Billion)

4. India Industrial IoT Market Revenues, By Wireless Technologies Types, 2017-2026F ($ Billion)

5. India Industrial IoT Market Revenues, By Software, 2019 & 2026F ($ Billion)

6. India Healthcare IoT Market Revenues, By Hardware, 2017-2026F ($ Billion)

7. India Transportation IoT Market Revenues, By Hardware, 2017-2026F ($ Billion)

8. India Manufacturing IoT Market Revenues, By Hardware, 2017-2026F ($ Billion)

9. India Industrial IoT Market Revenues, By Regions, 2019 & 2026F ($ Billion)


List Of Figures

1. India Industrial IoT Market Revenues, 2017-2026F ($ Billion)

2. India Industrial IoT Market Revenue Share, By Hardware, 2019 & 2026F

3. India Industrial IoT Market Revenue Share, By Connectivity, 2019 & 2026F

4. India Industrial IoT Market Revenue Share, By Verticals, 2019 & 2026F

5. India Industrial IoT Market Revenue Share, By Regions, 2019 & 2026F

6. India Cloud Computing Spending, 2018-2022F ($ Billion)

7. Factors Impacting the Industrial IoT industry in India, 2018-2019

8. India Industrial IoT Market Revenues, By Hardware, 2017-2026F ($ Billion)

9. India Industrial IoT Market Revenues, By Wired Technologies, 2017-2026F ($ Billion)

10. India Industrial IoT Market Revenue Share, By Wired Technologies Types, 2019 & 2026F

11. India Industrial IoT Market Revenues, By Wireless Technologies, 2017-2026F ($ Billion)

12. India Industrial IoT Market Revenue Share, By Wireless Technologies Types, 2019 & 2026F

13. India Industrial IoT Market Revenues, By Software, 2017-2026F ($ Billion)

14. India Industrial IoT Market Revenues, By Healthcare, 2017-2026F ($ Billion)

15. India Healthcare IoT Market Revenue Share, By Hardware, 2019 & 2026F

16. India Industrial IoT Market Revenues, By Transportation, 2017-2026F ($ Billion)

17. India Transportation IoT Market Revenue Share, By Hardware, 2019 & 2026F

18. India Industrial IoT Market Revenues, By Manufacturing, 2017-2026F ($ Billion)

19. India Manufacturing IoT Market Revenue Share, By Hardware, 2019 & 2026F

20. Total FDI Equity Inflows in the Manufacturing Sub-sectors During April 2000–September 2019

21. India Industrial IoT Market Revenues, By Automotive, 2017-2026F ($ Billion)

22. Annual Automotive Production-Two Wheelers and Cars, 2016-2025F (‘000 Units)

23. India Industrial IoT Market Revenues, By Other Industries, 2017-2026F ($ Billion)

24. India Power Utility Organizations Implementing Automation at Scale, February 2019

25. India Industrial IoT Market Opportunity Assessment, By Hardware, 2026F

26. India Industrial IoT Market Opportunity Assessment, By Connectivity, 2026F

27. India Industrial IoT Market Opportunity Assessment, By Software, 2026F

28. India Industrial IoT Market Opportunity Assessment, By Verticals, 2026F

29. India Industrial IoT Market Opportunity Assessment, By Regions, 2026F

30. India Industrial IoT Market Revenue Share, By Companies, 2019

31. India Industrial IoT Hardware Components Market Revenue Share, By Companies, 2019


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