Internet of Things to unlock revenues worth $11.1 billion by 2022
ZeeBiz WebTeam | Dec 26, 2018, 12:10 PM IST
In a hyper-connected India, Internet of Things (IoT) has the potential to reach an estimated 2 billion connections, according to a joint study by Assocham-EY. The joint report highlights that while India holds huge potential, this promising market currently lags behind the US, China and South Korea in connectivity via the optical fiber. As demand for 4G and subsequently 5G grows, networks will become "denser and deeper" making fiberisation an imperative, the study said.
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New mobile connections
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Household connections
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Revenues from IoT
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India versus US, China
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Towers needed to be fiberised
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