India’s IoT market is in initial phase which is expected to grow exponentially over the next five-year program, where all of the Indian states and Union territories are participating except West Bengal by nominating at least one city for the Smart City challenge. Financial aid will be given by the central and state government between 2017 - 2022 to the cities and the mission will start showing results from 2022 onwards.
India IoT market is projected to grow at a CAGR of +29% during 2017 to 2022. For the growth of the overall market, smart cities project is expected to play vital role. World Bank and Asian Development Bank (ADB) are anticipated to provide loans of $500 million and $1 billion respectively to India for the development of Smart City Project. Amongst all applications, industrial application contributes maximum revenue share in Indian IoT market owing it growing usage in energy management, smart building, manufacturing, conserving energy and environment.
Smart Cities Mission is part of IoT an urban renewal and retrofitting program by the Government of India with a mission to develop 100 cities all over the country making them citizen friendly and sustainable. The government of India launched various projects such as 100 smart cities project and organizations for the adoption and implementation of IoT.
Key Highlights of the Report
Hunting for Hackers - Why Preventive Measures are Only Part of the Cyber Solution, Duncan Alderson, Senior Manager, Cyber & Forensics, PwC Australia | IDG Security Day
Interview with David Sykes, Business Leader, Sophos | IDG Security Day
Showreel | IDG Security Day conference, 21st June
Tools of the Trade: A Live Hacking Demonstration - Ty Miller, Director, Threat Intelligence | IDG Security Day
Publisher's Panel - Using AI for next-generation Cyber Security | IDG Security Day