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India Iot Telecom Services Market

ID: MRFR/ICT/59252-HCR
200 Pages
Aarti Dhapte
February 2026

India IoT Telecom Services Market Research Report By Component (Connectivity Technology, Network Management Solution, Services), By Service Type (Device And Application Management, Business Consulting Services, IOT Billing And Subscription, Installation And Integration Services, M2M Billing Services), and By Application (Smart Buildings, Automation, Capillary Network Management, Vehicle Telematics, Energy And Utilities, Smart Healthcare, Others)- Forecast to 2035

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India Iot Telecom Services Market Summary

As per Market Research Future analysis, the India Iot Telecom Services Market size was estimated at 3665.29 USD Million in 2024. The Iot Telecom-services market is projected to grow from 4919.18 USD Million in 2025 to 93261.25 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 34.2% during the forecast period 2025 - 2035

Key Market Trends & Highlights

The India IoT telecom-services market is poised for substantial growth driven by technological advancements and increasing demand for smart solutions.

  • The largest segment in the India IoT telecom-services market is smart agriculture, reflecting a growing trend towards sustainable farming practices.
  • The fastest-growing segment is healthcare innovations, indicating a shift towards technology-driven health solutions.
  • Rising urbanization and smart city projects are significantly influencing the market landscape, enhancing connectivity and efficiency.
  • The expansion of 5G infrastructure and increased adoption of smart agriculture are key drivers propelling market growth.

Market Size & Forecast

2024 Market Size 3665.29 (USD Million)
2035 Market Size 93261.25 (USD Million)
CAGR (2025 - 2035) 34.21%

Major Players

AT&T (US), Verizon (US), Vodafone (GB), Deutsche Telekom (DE), Orange (FR), Telefónica (ES), China Mobile (CN), NTT Group (JP), T-Mobile (US)

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India Iot Telecom Services Market Trends

The India Iot Telecom Services Market is currently experiencing a transformative phase, driven by advancements in technology and increasing demand for connectivity. The proliferation of smart devices and the growing emphasis on automation across various sectors are reshaping the landscape. As industries seek to enhance operational efficiency, the integration of IoT solutions into existing frameworks appears to be a priority. This trend is likely to foster innovation and create new opportunities for service providers, as they adapt to the evolving needs of businesses and consumers alike. Moreover, the regulatory environment is evolving to support the expansion of the iot telecom-services market. Government initiatives aimed at promoting digital infrastructure and smart city projects are expected to play a crucial role in facilitating growth. The focus on enhancing connectivity in rural and urban areas indicates a commitment to bridging the digital divide. As a result, stakeholders in the telecom sector may find themselves navigating a landscape rich with potential, albeit accompanied by challenges related to security and data privacy. The future of the iot telecom-services market seems promising, with a clear trajectory towards increased adoption and innovation.

Rising Demand for Smart Solutions

The iot telecom-services market is witnessing a surge in demand for smart solutions across various sectors. Industries are increasingly adopting IoT technologies to enhance operational efficiency and improve customer experiences. This trend is likely to drive service providers to innovate and offer tailored solutions that meet specific industry needs.

Government Initiatives and Support

Government initiatives aimed at promoting digital infrastructure are significantly impacting the iot telecom-services market. Policies designed to enhance connectivity and support smart city projects are expected to create a conducive environment for growth. This support may encourage investments and partnerships within the sector.

Focus on Security and Data Privacy

As the iot telecom-services market expands, concerns regarding security and data privacy are becoming more pronounced. Stakeholders are likely to prioritize the development of robust security measures to protect sensitive information. This focus on security may influence the design and implementation of IoT solutions.

India Iot Telecom Services Market Drivers

Emergence of Industry 4.0

The transition towards Industry 4.0 in India is driving the demand for IoT solutions across manufacturing sectors. This paradigm shift emphasizes automation, data exchange, and smart manufacturing processes, which are heavily reliant on IoT technologies. As industries adopt IoT-enabled devices for real-time monitoring and predictive maintenance, the iot telecom-services market is expected to witness substantial growth. The manufacturing sector is projected to invest over $5 billion in IoT technologies by 2026, indicating a strong commitment to digital transformation. This trend not only enhances operational efficiency but also fosters innovation, positioning India as a competitive player in the global manufacturing landscape.

Expansion of 5G Infrastructure

The rollout of 5G technology in India is poised to be a pivotal driver for the iot telecom-services market. With its high-speed connectivity and low latency, 5G enables a plethora of IoT applications, ranging from smart cities to industrial automation. The Indian government has allocated substantial resources to enhance telecommunications infrastructure, with investments projected to reach $10 billion by 2025. This expansion is expected to facilitate seamless communication between devices, thereby fostering innovation in various sectors. As a result, the iot telecom-services market is likely to experience accelerated growth, with an anticipated CAGR of 25% over the next five years. The enhanced capabilities of 5G are expected to attract both domestic and international players, further stimulating competition and investment in the market.

Growing Focus on Healthcare Innovations

The healthcare sector in India is increasingly leveraging IoT technologies to improve patient care and operational efficiency. The rise of telemedicine, remote patient monitoring, and smart medical devices is driving the demand for IoT telecom-services. With the Indian healthcare market projected to reach $372 billion by 2022, the integration of IoT solutions is expected to play a crucial role in this growth. Hospitals and healthcare providers are investing in IoT technologies to enhance patient outcomes and streamline operations. This trend indicates a significant opportunity for the iot telecom-services market, as healthcare providers seek to adopt innovative solutions that can improve service delivery and reduce costs.

Increased Adoption of Smart Agriculture

The agricultural sector in India is increasingly embracing IoT solutions to enhance productivity and sustainability. The adoption of smart agriculture technologies, such as precision farming and remote monitoring, is driving demand for IoT telecom-services. Farmers are utilizing IoT devices to monitor soil conditions, weather patterns, and crop health, leading to improved yields and resource management. The market for smart agriculture is projected to grow at a CAGR of 20% from 2025 to 2030, indicating a robust opportunity for the iot telecom-services market. This trend is further supported by government initiatives aimed at digitizing agriculture, which could potentially lead to a more efficient supply chain and reduced wastage, thereby benefiting both farmers and consumers.

Rising Urbanization and Smart City Projects

India's rapid urbanization is a significant driver for the iot telecom-services market. As urban populations grow, the demand for smart city solutions, including intelligent transportation systems, waste management, and energy efficiency, is on the rise. The Indian government has launched several smart city initiatives, with an investment of approximately $1.5 billion aimed at developing 100 smart cities across the country. This initiative is expected to create a substantial demand for IoT services, as cities seek to integrate technology into their infrastructure. The iot telecom-services market is likely to benefit from this trend, as urban planners and local governments increasingly rely on IoT solutions to enhance the quality of life for residents and improve operational efficiency.

Market Segment Insights

By Service Type: Device and application management (Largest) vs. Installation and integration services (Fastest-Growing)

In the India iot telecom-services market, the service type segment displays diverse contributions from various values. Device and application management holds a significant share, dominating the landscape with its essential role in managing IoT devices and applications. Meanwhile, installation and integration services are rapidly gaining traction, addressing the increasing need for efficient setup and integration of IoT systems within businesses. The growth trends in the service type segment are driven by the rising adoption of IoT solutions across industries, leading to an increased demand for comprehensive management and installation services. Factors such as the growing complexity of IoT networks and the need for seamless integration continue to propel the installation and integration services as the fastest-growing component, while device and application management remains critical for operational efficiency and scalability in a burgeoning market.

Device and application management (Dominant) vs. Installation and integration services (Emerging)

Device and application management is characterized by its ability to effectively control and manage the performance of IoT devices, ensuring streamlined operations and data management. It plays a crucial role in enhancing productivity and reducing operational costs for businesses utilizing IoT technologies. On the other hand, installation and integration services are emerging as pivotal in meeting the rising demand for IoT system setups. Companies providing these services are focusing on developing tailored solutions to simplify the installation process, thereby supporting the growth of the overall IoT ecosystem. As organizations increasingly transition towards IoT frameworks, the significance of both service types will continue to evolve, with device and application management sustaining its dominant role while installation and integration services rapidly gain importance in the market.

By Component Type: Connectivity Technology (Largest) vs. Network Management Solutions (Fastest-Growing)

In the component type segment of the India iot telecom-services market, connectivity technology holds the largest market share, driven by the increasing number of connected devices and the demand for improved network capabilities. Network management solutions follow as a rapidly growing segment, fueled by the need for efficient network operations and enhanced performance tracking amidst the rising complexity of telecom infrastructures. Growth trends indicate a significant migration towards advanced connectivity technologies, such as 5G, enhancing data transmission speeds and reducing latency. Meanwhile, network management solutions see a surge in demand due to the growing importance of managing vast networks effectively. These trends are also supported by expanding IoT applications and rising consumer expectations for seamless connectivity and service reliability.

Connectivity Technology: SCR (Dominant) vs. Services (Emerging)

In the realm of connectivity technology, SCR stands out as the dominant player, providing robust infrastructure that supports a myriad of IoT applications with high reliability and low latency. This dominance is complemented by innovations in communication protocols and standards. Conversely, services are emerging as a crucial segment, focusing on application development, integration, and customer support, making them vital for businesses seeking to leverage IoT capabilities. While SCR continues to enhance network performance and capacity, services are evolving to meet diverse client needs, thereby fostering a collaborative ecosystem that supports the overall growth of the India iot telecom-services market.

By Application: Smart buildings (Largest) vs. Smart healthcare (Fastest-Growing)

In the India iot telecom-services market, the 'Application' segment showcases diverse opportunities with smart buildings leading in market share. This segment encapsulates various applications, with smart buildings representing the largest slice owing to increased urbanization and rising demand for energy-efficient solutions. Following this, smart healthcare emerges as a significant player driven by the need for remote monitoring and telehealth solutions amid a growing emphasis on improving healthcare delivery across the nation. The growth trends in this segment are profoundly influenced by advancements in technology and the increasing push towards smart infrastructure. Smart buildings benefit from IoT integration for efficiency and management, while areas like smart healthcare are rapidly evolving with telemedicine and health monitoring solutions gaining traction. Emerging trends such as automation and capillary network management also contribute to the segment's dynamics, reflecting the country's commitment to modernization and sustainable development.

Smart buildings (Dominant) vs. Smart healthcare (Emerging)

Smart buildings represent the dominant force in the application segment due to their comprehensive approach to energy management, security, and operational efficiency. They leverage IoT technologies to optimize resource usage, decrease carbon footprints, and enhance occupant comfort. Additionally, innovations like smart lighting and HVAC systems are transforming traditional buildings into intelligent structures. In contrast, smart healthcare is seen as an emerging niche that is quickly gaining ground. This segment focuses on remote patient monitoring, telemedicine, and health data analytics. The surge in demand for these services is partly due to the integrated solutions offered by IoT, which are facilitating better healthcare outcomes and more personalized patient care.

Get more detailed insights about India Iot Telecom Services Market

Key Players and Competitive Insights

The iot telecom-services market in India is characterized by a dynamic competitive landscape, driven by rapid technological advancements and increasing demand for connectivity solutions across various sectors. Major players such as Vodafone (GB), AT&T (US), and China Mobile (CN) are strategically positioning themselves to capitalize on this growth. Vodafone (GB) focuses on enhancing its IoT platform capabilities, emphasizing innovation in smart city solutions and industrial IoT applications. AT&T (US) is leveraging its extensive network infrastructure to provide robust IoT connectivity, while China Mobile (CN) is expanding its reach through partnerships with local enterprises, thereby enhancing its service offerings in the region. Collectively, these strategies contribute to a competitive environment that is increasingly centered around technological innovation and customer-centric solutions.Key business tactics employed by these companies include localizing manufacturing and optimizing supply chains to enhance operational efficiency. The market structure appears moderately fragmented, with several key players exerting influence over various segments. This fragmentation allows for a diverse range of services and solutions, catering to the unique needs of different industries, while also fostering competition that drives innovation.

In October Vodafone (GB) announced a strategic partnership with a leading Indian technology firm to develop advanced IoT solutions tailored for the agricultural sector. This collaboration aims to leverage IoT technology to enhance crop monitoring and yield prediction, thereby addressing critical challenges faced by farmers. The strategic importance of this partnership lies in its potential to not only improve agricultural productivity but also to position Vodafone as a leader in the burgeoning agri-tech space.

In September AT&T (US) launched a new IoT security platform designed to protect connected devices from cyber threats. This initiative reflects AT&T's commitment to addressing growing concerns around IoT security, which is increasingly becoming a priority for businesses adopting IoT solutions. By enhancing its security offerings, AT&T aims to differentiate itself in a competitive market where trust and reliability are paramount.

In August China Mobile (CN) expanded its IoT service portfolio by introducing a suite of smart home solutions in collaboration with local manufacturers. This move not only diversifies its offerings but also taps into the growing demand for smart home technologies in India. The strategic significance of this expansion lies in its potential to capture a larger share of the consumer market, thereby enhancing China Mobile's competitive positioning.

As of November current trends in the iot telecom-services market are heavily influenced by digitalization, sustainability, and the integration of artificial intelligence (AI) into service offerings. Strategic alliances are increasingly shaping the competitive landscape, enabling companies to pool resources and expertise to deliver innovative solutions. Looking ahead, competitive differentiation is likely to evolve from traditional price-based competition towards a focus on innovation, technological advancements, and supply chain reliability. This shift underscores the importance of agility and responsiveness in meeting the evolving demands of the market.

Key Companies in the India Iot Telecom Services Market include

Industry Developments

With the deployment of 1.3 million smart meters in Bihar, 200,000 meters in Odisha on NB-IoT networks, and 300,000 EV bikes powered by cellular IoT, Bharti Airtel Business became the first Indian ICT provider to connect over 20 million IoT devices in July 2023. Airtel's proprietary platform, "Airtel IoT Hub," provides secure device management, analytics, and connectivity across 2G/4G/5G/NB-IoT/satellite.

In order to assist India's smart metering rollout, which aims to modernize 20 million metering endpoints for utilities, Airtel and IntelliSmart formed a strategic agreement in December 2023. Using commercial spectrum in the 3.5 GHz and 2.1 GHz bands, Airtel and Nokia successfully completed India's first 5G Cloud-RAN experiment in July 2024, with a throughput of over 1.2 Gigabits per second.A significant step toward expanding IoT connection to underserved areas was taken in March 2025 when Reliance Jio and Elon Musk's SpaceX struck a distribution and cooperation agreement to stock Starlink satellite Internet devices through Jio's retail network.

Together, Tata Communications and Amazon Web Services announced an advanced AI-ready network in India on July 22, 2025. The network's goal is to assist enterprise IoT innovation by integrating telecom infrastructure with cloud-native orchestration and generative AI.The telecom-led IoT infrastructure environment in India was further expanded in early 2025 when Vodafone Idea teamed up with AST SpaceMobile to deliver satellite broadband directly to devices in rural and distant locations.

India IoT

Future Outlook

India Iot Telecom Services Market Future Outlook

The IoT Telecom Services Market in India is poised for robust growth at 34.21% CAGR from 2025 to 2035, driven by increased connectivity and smart device adoption.

New opportunities lie in:

  • Development of smart city infrastructure solutions
  • Expansion of IoT-enabled agricultural monitoring systems
  • Implementation of advanced telematics for logistics optimization

By 2035, the market is expected to achieve substantial growth, driven by innovation and strategic investments.

Market Segmentation

India Iot Telecom Services Market Application Outlook

  • Smart buildings
  • Automation
  • Capillary network management
  • Vehicle telematics
  • Energy and utilities
  • Smart healthcare
  • Others

India Iot Telecom Services Market Service Type Outlook

  • Device and application management
  • Business consulting services
  • IoT billing and subscription
  • Installation and integration services
  • M2M billing services
  • Others

India Iot Telecom Services Market Component Type Outlook

  • Connectivity Technology
  • Network Management Solutions
  • Services

Report Scope

MARKET SIZE 2024 3665.29(USD Million)
MARKET SIZE 2025 4919.18(USD Million)
MARKET SIZE 2035 93261.25(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 34.21% (2025 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
Market Forecast Period 2025 - 2035
Historical Data 2019 - 2024
Market Forecast Units USD Million
Key Companies Profiled AT&T (US), Verizon (US), Vodafone (GB), Deutsche Telekom (DE), Orange (FR), Telefónica (ES), China Mobile (CN), NTT Group (JP), T-Mobile (US)
Segments Covered Service Type, Component Type, Application
Key Market Opportunities Expansion of smart city initiatives driving demand for innovative IoT telecom-services solutions.
Key Market Dynamics Rising demand for smart devices drives innovation and competition in the IoT telecom-services market.
Countries Covered India
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FAQs

What is the expected market size of the India IoT Telecom Services Market in 2024?

The India IoT Telecom Services Market is expected to be valued at 2.94 billion USD in 2024.

What will be the projected market size of the India IoT Telecom Services Market by 2035?

By 2035, the India IoT Telecom Services Market is projected to reach 160.0 billion USD.

What is the expected CAGR for the India IoT Telecom Services Market from 2025 to 2035?

The expected CAGR for the India IoT Telecom Services Market from 2025 to 2035 is 43.835%.

Which segment is expected to have the largest market share in 2035?

The Connectivity Technology segment is expected to reach 55.1 billion USD in 2035, being the largest segment.

What is the projected market size for Network Management Solutions by 2035?

The Network Management Solutions segment is projected to be valued at 45.5 billion USD by 2035.

Who are the key players in the India IoT Telecom Services Market?

Major players include Qualcomm, Tech Mahindra, BSNL, Amazon Web Services, and Tata Communications.

What is the expected market size for IoT Telecom Services in terms of services by 2035?

The Services component is expected to reach 59.4 billion USD by 2035.

How will the growth rate differ across various components of the market?

Each component, namely Connectivity Technology, Network Management Solutions, and Services, is expected to grow significantly, reflecting high demand and technological advancements.

What are the key growth drivers for the India IoT Telecom Services Market?

Key growth drivers include increasing connectivity requirements, advancements in technology, and growing adoption of IoT applications across industries.

What is the impact of emerging trends on the India IoT Telecom Services Market?

Emerging trends, such as increased automation and smart city initiatives, are anticipated to drive substantial growth in the India IoT Telecom Services Market.

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