Gartner Research

Market Trends: IoT Adoption in India Will Advance at a Slow Pace Through 2020

Published: 08 October 2014

ID: G00269652

Analyst(s): Zalak Shah, Nandita Iyer, Ganesh Ramamoorthy, Naveen Mishra, Naresh Singh, Aman Munglani

Summary

The Internet of Things is gaining popularity among the Indian enterprises, government and consumers, but security concerns and the lack of relevant business cases may limit adoption. IoT solution providers must allay these concerns and educate end-user organizations on the benefits of IoT.

Table Of Contents

Introduction

  • Indian Enterprises Are at Early Stages of IoT Adoption

Market Trend

  • IoT Opportunity Is Currently Limited to Select Verticals
  • Understanding Usage Scenarios Is Key to Kick-Start IoT Adoption
  • Government-Sponsored Projects Open Up Early Opportunities
  • Market Structure Trend
    • System Integrators and Engineering Service Providers Drive IoT Adoption
    • Indian IoT Startups Target Consumer IoT Products and Services
  • Buyer Trend
    • IoT Procurement Decisions Are Not Centralized
  • Technology Trend
    • Data Center and Storage Spending Are Being Revisited

Contrarian View

  • Standards, Security and Use Case Issues Will Delay IoT Adoption

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