Mese: giugno 2024

According to the TechSci Research report, “India Semiconductor Market – By Region, Competition Forecast & Opportunities, 2019-2029.” The India Semiconductor Market, valued at USD 34,426.91 million in 2023, is poised for robust growth in the forecast period, projected at a CAGR of 24.32%. This growth is driven by increasing consumer demand for electronic products, widespread adoption of artificial intelligence (AI), and supportive government initiatives across the nation.

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Semiconductors serve as foundational components crucial to advancements in critical and emerging technologies. India, as the world’s second most populous country and with a USD 180 billion expenditure on electronic goods, aims to expand its domestic semiconductor market. The country, boasting the fifth-largest economy globally, hosts 120 semiconductor design units that cater to industries such as automotive, communications, industrial applications, data processing, consumer electronics, and more. The demand for semiconductors is set to rise further due to increasing digital transformation across consumer, business, and public sectors, coupled with the adoption of new technologies and escalating demand for electronic goods.

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Government initiatives and industry efforts are enhancing India’s semiconductor design sector, emphasizing education improvements to cultivate design and IT expertise. Institutions like the Indian Institutes of Technology (IITs), National Institutes of Technology (NITs), Indian Institute of Information Technology (IIITs), and indigenous design firms play pivotal roles in fostering an entrepreneurial culture conducive to industry growth.

The India Semiconductor Market is segmented by component, application, type, and region. Component categories include memory devices, microprocessors, analog ICs, sensors, discrete power devices, and others. Applications span IT & telecom, automotive, consumer electronics, and other industries. Semiconductor types are categorized as extrinsic and intrinsic. Regionally, the market is divided into South India, North India, West India, and East India.

In 2023, the Information Technology (IT) and Telecommunications sector dominated with a market share of 53.30%, driven by India’s strong presence in these fields, government support, and a skilled workforce conducive to semiconductor market growth.

South India led the regional segmentation with a market share of 40.14% in 2023, attributed to its status as a hub for IT and telecom industries. Cities like Bengaluru, Chennai, and Hyderabad in South India host major global technology firms, startups, and research institutions, solidifying their position as key technology hubs in India.

The India Semiconductor Market presents significant opportunities for growth, bolstered by technological advancements, increasing digitalization, and strategic government initiatives aimed at fostering industry development and innovation.

Key market players in the India Semiconductor Market include:

• Broadcom India Private Limited
• Chiplogic Semiconductor Services Private Limited
• Tata Elxsi Limited, Continental Device India Pvt. Ltd
• MosChip Technologies Limited
• NXP Semiconductors India Private Limited
• eInfoChips Private Limited
• ASM Technologies Ltd
• Masamb Electronics Systems Private Limited
• Semi-Conductor Laboratory
• Saankhya Labs Private Limited
• ROHM Semiconductor India Pvt. Ltd
• Infineon Technologies India Private Limited
• Renesas Electronics India Private Limited
• STMicroelectronics Private Limited

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“The growing usage of semiconductors in various sectors including for safety, electrification, communication, and connection is expected to increase as the production and adoption of electric vehicles (EV) grow in India. India is one of the largest EV marketplaces in the world with sales of 236,802 units in 2021 and 143,837 units sold in the first half of 2021. These factors are expected to boost the semiconductor industry in India during the forecast period. Additionally, various investments by the union government and market players in the semiconductor industry is likely to propel the market of India semiconductor market in the upcoming years. For instance, IBM and STMicroelectronics decided to set up India’s first chip-making plant with an investment of USD 7.91 billion permitted by the Government of India. Therefore, the market for semiconductor across the country is expected to rise in the forecast period 2024-2031F.” said Mr Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

“India Semiconductor Market Segmented By Component (Memory Devices, Microprocessors, Analog IC, Sensors, Discrete Power Devices, Others), By Application (IT & Telecom, Automotive, Consumer Electronics, Other Industries), By Type (Extrinsic Semiconductor, Intrinsic Semiconductor), By Region, Competition Forecast & Opportunities, 2029F”, has evaluated the future growth potential of an India semiconductor market and provides statistics and information on market structure, size, share, and future growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in the India semiconductor market.

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According to TechSci Research report “India Digital Twin Market By Region, Competition, Forecast & Opportunities, 2029″, The India Digital Twin market is experiencing rapid growth driven by factors such as the increasing adoption of advanced technologies, digitalization efforts across enterprises, and the need for predictive maintenance amidst growing business complexities. The development of electronic data and the integration of smart manufacturing practices further contribute to market expansion. Government investments aimed at analyzing and simulating disaster scenarios like fires, floods, and earthquakes are also significant drivers expected to fuel demand for Digital Twin solutions in India.

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Additionally, there is rising demand within industries for monitoring, maintenance, and achieving environmental sustainability goals, bolstering the digital twin market. India, amidst its digital transformation, is emerging as a hub for data centers specializing in cloud computing technologies such as AI, machine learning, and advanced analytics. The adoption of big data solutions, IoT, and cloud-based technologies is forecasted to drive market growth through 2029, supported by government initiatives like the National Digital Twin and Infrastructure Vision 2025.

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The India Digital Twin market is segmented based on type, technology, application, end-user industry, and geographical segments. In terms of applications, segments include manufacturing process planning, product design, predictive maintenance, and others. Predictive maintenance has particularly shown lucrative growth, driven by real-time monitoring needs and digital infrastructure projects across sectors like banking, telecommunications, energy, and government. The technology streamlines production phases from assembly to quality-checking and optimizes maintenance schedules for assets.

The manufacturing sector, due to its close proximity to end-users, is expected to witness the fastest growth in adopting digital twin solutions. These solutions automate data processing, cleaning, and structuring, transforming industry operations. Key drivers for adopting Digital Twin technology in India include creating virtual replicas of processes and objects, facilitating digital twinning, and leveraging sensor data for process optimization.

To maintain pace with global leaders in the Digital Twin arena, India must undertake reforms, including establishing clear regulatory frameworks to govern and advance the industry.

The India Digital Twin Market is further segmented by type (process, product, system), technology (IoT, AI & ML, Extended Reality, Blockchain, Big Data Analytics, 5G), application (manufacturing process planning, product design, predictive maintenance, others), and end-user industry (manufacturing, automobile & transportation, healthcare & lifesciences, aerospace & defense, energy & utilities, others).

Key market players in the India Digital Twin market include:

• Pratiti Technologies
• Tata Consultancy Services Limited
• Ansys Software Pvt. Ltd.
• Siemens India Private Limited
• PTC India Limited
• IBM India Private Limited
• TwinGrid Labs Private Limited
• Microsoft Corporation India Pvt. Ltd.
• Faclon Labs Private Limited
• Cisco Systems, Inc.

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“South, being the most advanced region in terms of Information technology holds the largest market share of digital twins, benefiting from the presence of several technology establishment in the India Digital Twin market. North region ranks the second in the digital twin market in India. The introduction of 5G networks and cloud services will strengthen the region’s digital economy and increase demand for high-bandwidth networking infrastructure. For instance, in February 2023, Bank of Maharashtra (BOM) announced the launch of its own private cloud platform as part of its high-performance cloud capabilities for digital infrastructure and hosting applications of the bank in India. In addition, the huge volume of internet traffic and the presence of several cloud services providers are further attributing the market growth. Moreover, the implementation of several programs such as National Digital Twin of India, which enables the acceleration of Digital Twins in India, has been a key element in the growth of the India Digital Twin market,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

India Digital Twin Market by Type (Process, Product and System), By Technology (Internet of Things, Artificial Intelligence & Machine Learning, Extended Reality, Blockchain, Big Data Analytics, 5G), By Application (Manufacturing Process Planning, Product Design, Predictive Maintenance, Others), By End-User (Manufacturing, Automobile & Transportation, Healthcare & Lifesciences, Aerospace & Defence, Energy & Utilities and Others) By Region, Competition, Forecast & Opportunities, 2028F has evaluated the future growth potential of India Digital Twin Market and provides statistics & information on market size, structure, and future market growth. The report’s goal is to give current market knowledge and assist decision makers in making informed investment decisions. Furthermore, the study identifies and analyses emerging trends, as well as key drivers, challenges, and opportunities in the India Digital Twin market.

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According to the TechSci Research report, “India Near Field Communication Market – By Region, Competition, Forecast, and Opportunities, 2029,” The forecast period anticipates robust growth in the NFC market, driven by Near Field Communication (NFC), a wireless technology facilitating secure and rapid communication between closely positioned devices.

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NFC enables diverse functionalities like mobile payments, data exchange, and access control when devices are nearby. Its popularity in India is escalating due to several factors outlined in the report, including the surge in contactless payments, escalating demand for secure and convenient payment solutions, and the expansion of e-commerce and m-commerce sectors. Government initiatives promoting digital payments and cashless transactions are further expected to amplify NFC adoption.

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However, the NFC market in India encounters challenges such as low consumer awareness, limited availability of NFC-enabled devices and infrastructure, and high implementation costs. Despite these obstacles, the report forecasts substantial growth in the Indian NFC market driven by the burgeoning adoption of digital payments and the increasing need for secure transaction options.

In conclusion, while challenges persist, the NFC market in India is poised for significant expansion, propelled by the rising adoption of digital payment solutions. The report offers insights and recommendations beneficial for businesses and investors seeking to capitalize on opportunities within India’s NFC market.

The India Near Field Communication market is segmented into product type, device operating mode, end-use industry and region. Based on product type, the market is segmented into non-auxiliary products, auxiliary products. based on device operating mode, the market is divided into reader emulation, card emulation and peer-to-peer. Based on device type, the market is segmented into smartphones & tablets, laptops & personal computers (PCs) and others. Based on application, the market is segmented into mobile/contact less payment, information sharing, user authentication & access control, monitoring healthcare systems and others. Based on end-use industry, the market is segmented into retail, transportation, healthcare, and others.

Regionally, the western region is expected to register the fastest-growth in the India Near Field Communication market during the forecast period. The growing demand for contactless payments and IoT devices in the western region is projected to support this regional market over the next few years.

Key market players in the India Near Field Communication Market include:

• Nokia Corporation
• NXP Semiconductors
• Marvell Technology Group Ltd
• Google Inc.
• Gemalto NV
• Infineon Technologies AG
• YELDI Softcom
• Sony Corporation
• Identive Group Inc.
• Mstar Semiconductor Inc.

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“The India near field communication market is expected to grow significantly during the forecast period, owing to an increase in the number of NFC enabled mobile devices, along with the involvement of financial institutes for collaborating with smartphone manufacturers, such as Apple, Samsung, and others to allow card emulation of debit/credit cards, thus playing a pivotal role in boosting demand for NFC technology across the country. The Near Field Communication market in India is anticipated to rise steadily in the upcoming years,“ said Mr. Karan Chechi, Research Director at TechSci Research, a research based global management consulting firm.

India Near Field Communication Market By Product Type (Non-Auxiliary Products, Auxiliary Products), Device Operating Mode (Reader Emulation, Card Emulation, Peer-to-Peer), Application (Mobile/Contact Less Payment, Information Sharing, User Authentication & Access Control, Monitoring Healthcare Systems, Others), Device Type (Smartphones & Tablets, Laptops & Personal Computers, Others), End-Use Industry (Retail, Transportation, Healthcare, BFSI, Others), Region, Competition, Forecast & Opportunities, 2029 has assessed the India Near Field Communication market’s future development potential and provides data and information on market size, structure, and projected market growth. The report’s goal is to give current market knowledge and assist decision makers in making informed investment decisions. Furthermore, the study identifies and analyses emerging trends, and key drivers, constraints, and opportunities in the India Near Field Communication market.

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According to TechSci Research report “Network as a Service (NaaS) Market – India Industry Size, Share, Trends, Opportunity and Forecast, 2019–2029,” The India Network as a Service (NaaS) Market is poised for robust growth from 2025 to 2029 driven by factors such as increasing network complexity, low bandwidth concerns, and heightened government prioritization. The proliferation of smart devices has accelerated technological innovation, with a growing trend towards cloud-managed network services. Government initiatives investing in 5G services and digital transformation in rural India are anticipated to significantly boost NaaS demand. Additionally, corporate uptake of cloud and digital solutions will further propel market growth during the forecast period.

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NaaS contributes to cost reduction across IT operations, infrastructure, maintenance, and hardware/software expenses. Service providers deliver expertise that enhances business operations, supporting seamless experiences. Moreover, the rise in smartphone users and demand for high bandwidth are pivotal drivers for India’s NaaS market. As India’s data center sector expands amid digitization, it is becoming a hub for advanced cloud computing technologies like AI and machine learning. The increasing adoption of big data, IoT, and cloud-based solutions is expected to sustain market expansion through 2028, supported by government policies classifying data centers as critical infrastructure.

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The COVID-19 pandemic accelerated digital transformation, prompting enterprises to reassess their network setups. NaaS adoption in the Indian market surged due to its cost-efficiency and scalability benefits. The pandemic underscored the need for resilient network frameworks across various sectors, further driving NaaS deployment to streamline operations.

The India NaaS market is segmented by type (WAN-as-a-service, LAN-as-a-service), service (Bandwidth on Demand, WAN, VPN), and end-user industries (IT & telecom, BFSI, healthcare, retail & e-commerce, others). Bandwidth on Demand (BoD) emerged as a key growth segment in 2022, catering to diverse industry applications such as manufacturing and healthcare, ensuring uninterrupted network performance during peak usage.

Among NaaS types, WAN-as-a-service is projected to dominate, offering cloud-based WAN solutions that replace traditional hardware-dependent networks. This model supports rapid deployment, enhances user productivity, and reduces operational costs, particularly suited for medium to large enterprises.

In terms of end-user industries, IT & telecom is expected to lead, driven by increasing cloud adoption and infrastructure demands. Robust network infrastructure in IT and telecom sectors facilitates digital inclusion by delivering fast, affordable network services. NaaS solutions are integral to 5G network development, further bolstering adoption in the telecom industry.

Overall, the India NaaS market is poised for significant growth, propelled by technological advancements, government initiatives, and increasing digitalization across various sectors.

Key market players in the India network as a service (NaaS) market include:

• Wipro private Limited
• Verizon Communications India Private Limited
• Cisco Systems India Private Limited
• NEC Corporation India Private Limited
• Oracle Corporation
• Akamai Technologies India Pvt Ltd.
• Tata Communications Limited
• Palo Alto Networks (India) Pvt. Ltd.
• Cloudflare India Private Limited
• Amdocs Development Centre India Llp

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“West, being the largest residing populated region holds the largest market share of data centers, benefiting from the presence of a landing station, submarine cable connectivity in the India network as a service (NaaS) market. The introduction of 5G networks and cloud services will strengthen the region’s digital economy and increase demand for high-bandwidth networking infrastructure. For instance, in February 2023, Bank of Maharashtra (BOM) announced the launch of its own private cloud platform as part of its high-performance cloud capabilities for digital infrastructure and hosting applications of the bank in India. In addition, the huge volume of internet traffic and the presence of several cloud services providers are further attributing to the market growth. Major corporations such as Amazon Web Services, Adani Group, Oracle, Reliance Industries-Microsoft, Yotta Infrastructure, and Blackstone’s Lumina CloudInfra are building data centers in major cities, including Mumbai and Chennai as a result of investments from colocation providers. In addition, an important factor in the expansion of the India network as a service (NaaS) market has been the introduction of the cybersecurity-related data localization law, which mandates operators and enhances Network as a Service (NaaS) in the country.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

India Network as a Service (NaaS) Market by Type (WAN-as-a-service, LAN-as-a-service), By Service (Bandwidth on Demand (BoD), Wide Area Network (WAN), Virtual Private Network (VPN)), By End User Industry (IT & Telecom, BFSI, Healthcare, Retail & E-Commerce, Others (Government, Education etc.)), By Region, Competition, Forecast & Opportunities, 2028 has evaluated the future growth potential of the India network as a service (NaaS) market and provides statistics & information on market size, structure, and future market growth. The report’s goal is to give current market knowledge and assist decision makers in making informed investment decisions. Furthermore, the study identifies and analyzes emerging trends, as well as key drivers, challenges, and opportunities in the India network as a service (NaaS) market.

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According to TechSci Research report India Data Center Market – By Region, Competition, Forecast & Opportunities, 2019-2029F”, The India Data Center Market is poised for robust growth from 2025 to 2029, driven by escalating concerns worldwide over data protection, which is now a focal point for the Indian government. The surge in data consumption, necessitating efficient storage and processing capabilities, coupled with increased governmental investments in physical data center infrastructure, are key factors expected to significantly bolster demand for data centers in India. Under a national policy framework valued at USD 1.832 billion, the Indian IT ministry plans to incentivize data centers, with an additional USD 36 billion earmarked for the data center ecosystem over the next five years, as announced in the Budget 2022–23, where the finance minister granted infrastructure status to the data center sector, accelerating its growth trajectory.

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Furthermore, the proliferation of smartphone users and the escalating demand for data and high bandwidth capacity are pivotal drivers propelling the India data center market forward. Amidst the digital age, India is strategically positioned to emerge as a pivotal hub for data centers specializing in cloud computing technologies, including artificial intelligence, machine learning, and advanced analytics. The increasing adoption of big data solutions, IoT, and cloud-based services is anticipated to fuel market expansion through 2028. Government initiatives such as classifying data centers as infrastructure assets and the Digital India projects are expected to create lucrative growth opportunities through 2028.

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The India data center market is segmented based on solution, type, end-user industry, and geographical segments. The solution segment includes IT Infrastructure, general infrastructure, electrical infrastructure, mechanical infrastructure, and others. IT Infrastructure particularly witnessed robust growth in 2022, driven by increasing demand from digital infrastructure projects in sectors such as banking/fintech, telecommunications, energy, smart agriculture, and government. According to the Telecom Regulatory Authority of India (TRAI), internet subscribers in India’s rural and urban areas continue to grow significantly, underscoring the expanding digital landscape. Moreover, the International Data Corporation (IDC) reports heightened interest and demand for cloud services among both public and private enterprises, as India emerges as one of the largest data markets globally.

Key locations such as Mumbai, Delhi-NCR, Bengaluru, and Chennai are preferred for data center development due to their proximity to end-customers. India’s Cybersecurity Law mandates data localization, impacting both local and foreign firms handling personal data generated within India, thereby underscoring the significance of local data centers. To compete globally in the data center industry, India must enact regulatory reforms to govern and advance this sector effectively, thereby enhancing the India Data Center Market.

Key market players in the India Data Center Market include:

• CtrlS Datacenters Ltd
• Nxtra Data Limited
• STT GDC India Private Limited
• Netmagic IT Services Private Limited
• ESDS Software Solution Pvt. Ltd.
• Sify Technologies Limited
• Tata Communications Limited
• GPX India Pvt Ltd
• Web Werks India Pvt. Ltd.
• NxtGen Data Center and Cloud Services Private Limited.

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“Mumbai, being the largest residing populated region holds the largest market share of data centers at 49%, benefiting from the presence of a landing station and submarine cable connectivity in the India data center market. Delhi-NCR region ranks the second with around 17% of the total data center capacity, followed by Bengaluru. The introduction of 5G networks and cloud services will strengthen the region’s digital economy and increase demand for high-bandwidth networking infrastructure. For instance, in February 2023, Bank of Maharashtra (BOM) announced the launch of its own private cloud platform as part of its high-performance cloud capabilities for digital infrastructure and hosting applications of the bank in India. In addition, the huge volume of internet traffic and the presence of several cloud services providers are further driving the market growth. Owing to investments from colocation providers along with data centers are constructions in major cities such as Mumbai and Chennai by significant corporations like Amazon Web Services, Adani Group, Oracle, Reliance Industries alliance with Microsoft Corporation , Yotta Infrastructure, and Blackstone’s Lumina CloudInfra. Moreover, the implementation of the cybersecurity-related data localization law, which requires operators to build local data centers in India, has been a key element in the growth of the India data center market,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

India Data Center Market by Solution (IT Infrastructure, General Infrastructure, Electrical Infrastructure, Mechanical Infrastructure and Other), By Type (Corporate and Web Hosting), By End User Industry (Information Technology & Telecom, Government, BFSI, Healthcare and Others), By Region, Competition, Forecast & Opportunities, 2028F has evaluated the future growth potential of India Data Center Market and provides statistics & information on market size, structure, and future market growth. The report’s goal is to give current market knowledge and assist decision makers in making informed investment decisions. Furthermore, the study identifies and analyses emerging trends, as well as key drivers, challenges, and opportunities in the India Data Center Market.

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According to TechSci Research report, “India Electronic Toll Collection Market – By Region, Competition, Forecast, and Opportunities, 2029,” The India electronic toll collection market is poised for significant growth in the forecast period. Key drivers include the imperative to save time, alleviate traffic congestion, and meet the rising demand for seamless, cashless toll transactions. These factors are expected to propel market expansion as India seeks enhanced infrastructure solutions for improved safety and efficiency. Electronic toll collection (ETC) systems offer fast, efficient, and user-friendly services, simplifying toll payments through intuitive interfaces.

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By eliminating the need for multiple toll plazas, ETC systems reduce operational costs for road operators and enhance efficiency for traffic agencies and businesses. Moreover, these systems contribute to environmental conservation by minimizing vehicle emissions associated with manual toll booths.

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The COVID-19 pandemic had a profound impact on the India electronic toll collection market. Lockdown measures and social distancing disrupted the supply chains of essential raw materials, limiting transportation activities and reducing demand for ETC systems. Manufacturing operations were also affected as critical component supplies were disrupted. Restrictions on road travel, compounded by rising COVID-19 cases, prompted individuals to stay home, further impeding market growth. Additionally, the closure of major ports and constraints on international trade activities exacerbated the decline in demand for electronic toll collection systems in India.

The market segmentation of the India electronic toll collection market includes types such as automatic vehicle identification systems, violation enforcement systems, and others. Technologies segment the market into radio frequency identification, dedicated short-range communication, global navigation satellite system, video analytics, cell phone tolling, and others. End-user categorizations cover highways and urban areas, with regional market segmentation spanning North, East, West, and South.

Based on type, the automatic vehicle identification system segment dominates in the India electronic toll collection market in 2023 due to FASTag’s popularity at the toll collection station. Government officials in developing nations are taking steps to put an autonomous vehicle identification system in place.

Based on end user, the highways category is anticipated to register high growth throughout the anticipated period. The use of ETC systems is growing as a result of the expansion of the transportation infrastructure to expeditiously collect tolls and ease highway traffic. For instance, the Indian government plans to spend USD 741.5 billion on building 65,000 kilometers of national roads by 2022.

Based on technology, radio frequency identification dominates the India electronic toll collection market in 2023 due to the rising awareness about the benefits of RFID technology. To collect toll money, RFID placed on an electronic toll-collecting system reads RFID tags.

Key players in the India electronic toll collection market include:

• Arya Omnital
• KENT Intelligent Transportation Systems (India) Pvt. Ltd.
• TollPlus
• Tollman International Pvt Ltd
• Thales India
• Mitsubishi Heavy Industries
• Siemens India
• Transcore Holdings Inc.
• Cubic Transportation System India Private Limited
• Neology Inc.

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“The expanding trend of automating various tasks, the rising usage of smart tags on automobiles, the rising improvements in information technology (IT)-related technologies, and smart transportation services are some of the key factors driving the market. The growing tendency of automating various jobs is another important driver propelling the market’s expansion at the time, increasing the demand for ETC systems. Additionally, the market is growing as smart tags are being used on more vehicles and automatic parking systems are being installed in more public areas. The industry is also rising as a result of the increased usage of ETC systems, which provide comprehensive and detailed information on the toll charges charged against each vehicle. Additionally, governing agencies of various countries are investing in improving their transportation and logistics infrastructure, which is bolstering the growth of the market,” said Mr. Karan Chechi, the Research Director at TechSci Research, a research-based global management consulting firm.

India Electronic Toll Collection Market By Type (Automatic Vehicle Identification System, Violation Enforcement System, Automatic Vehicle Identification System, and Others), By Technology (Radio Frequency Identification, Dedicated Short Range Communication, Global Navigation Satellite System, Video Analytics, Cell Phone Tolling, and Others), By End User (Highway, Urban Area), By Region, Competition, Forecast & Opportunities, 2029 has assessed the India electronic toll collection market’s future development potential and provides data and information on market size, structure, and projected market growth. The report’s goal is to give current market knowledge and assist decision-makers in making informed investment decisions. Furthermore, the study identifies and analyses emerging trends, as well as key drivers, constraints, and opportunities in the India electronic toll collection market.

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According to TechSci Research report “India Access Control Market – By Region, Competition, Forecast and Opportunities, 2029”, The India access control market is experiencing robust growth due to the increasing adoption of mobile access control solutions, which prioritize faster system response times and optimize performance. This trend is particularly evident in sectors such as banks, government institutions, entertainment venues, retail establishments, hotels, offices, and data centers, where access control devices are increasingly deployed. This expansion is driven by heightened security concerns amid rising crime rates and the emergence of advanced technologies like blockchain, cloud computing, and the Internet of Things (IoT), which enhance connectivity and operational efficiencies.

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Small and medium-sized businesses, hospitality firms, ATMs, airports, banks, residential complexes, and religious institutions are significantly contributing to the market’s growth by adopting access control systems. These systems play a crucial role in enhancing security across various verticals such as government, industrial, military, and commercial sectors in India. The demand for access control systems is expected to rise further due to increasing crime rates and threats from terrorism, coupled with a low police-to-population ratio in the country.

Access control technologies enable organizations to manage and enforce physical security by verifying authorized access to specific areas such as buildings, parking lots, and offices. Physical access control systems (PACS) are integral to securing these environments and preventing unauthorized entry.

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The India access control market is segmented based on components into software and hardware. Hardware components, including card readers, biometrics, and others, are anticipated to witness the highest growth rate, driven by their reliability and widespread adoption. Card-based access control systems, in particular, are favored for their reliability in user identification compared to biometric readers and electronic locks. The increasing adoption of smart cards and proximity cards for employee tracking further propels the demand for smart card readers in the market.

Vertical-wise, the market segments include healthcare, BFSI, IT and telecom, aerospace and defense, and others. During the forecast period, the public and government institutions segment is expected to grow at a rapid pace. Residential buildings, in particular, are increasingly integrating access control systems to deter intrusions and thefts, with biometric locks gaining popularity. The market expansion is also driven by the rising adoption of home automation systems, which enhance electrical safety and security measures.

Overall, the India access control market is poised for significant growth, supported by technological advancements and increasing security needs across various industries. This growth trajectory is expected to continue, driven by ongoing developments and the imperative to ensure robust security measures against evolving threats.

Key market players in the India access control market include: 

• Johnson Controls
• HID India Pvt. Ltd.
• ZKTeco Biometrics India Pvt Ltd.
• Matrix Comsec Pvt. Ltd.
• Siemens India Private Limited
• Robert Bosch GmbH
• IDEMIA Ltd.
• Mantra Softech (India) Pvt. Ltd
• Honeywell International India Pvt. Ltd.
• Realtime Biometric Co. Ltd

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“South, being the largest Information Technology hub, holds the largest market share of access control, benefiting from the presence of several financial institutions and technology establishment. The implementation of several technologies such as biometrics, facial recognitions, door access control systems in the Bengaluru Safe City Projects and various organizations in the cities are attributing to the growth in the forecast period. North region ranks second in the access control market in India. The increase in usage of advanced technologies such as artificial intelligence, machine learning, biometrics, and RFID technology in the North India is proliferating the growth and enables the acceleration of access control in India.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

“India Access Control Market Segmented By Component (Software, Hardware), By Access Control Systems (Card Reader, Biometrics, and Others), By Type (Discretionary Access Control (DAC), Mandatory Access Control (MAC), Role-based Access Control (RBAC), and Attribute-based Access Control (ABAC)), By Deployment (Cloud, On-premise), By Industry Vertical (Healthcare, BFSI, IT and Telecom, Aerospace and Defence, and Other), By Organization Size (SMEs, Large Enterprises), By Region, Competition, Forecast and Opportunities, 2029” has evaluated the future growth potential of India access control market and provides statistics & information on market size, structure, and future market growth. The report’s goal is to give current market knowledge and assist decision makers in making informed investment decisions. Furthermore, the study identifies and analyses emerging trends, as well as key drivers, challenges, and opportunities in the India access control market.

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According to TechSci Research report, “India Factory Automation Market – By Region, Competition, Forecast and Opportunities, 2029”, The India factory automation market is poised for robust growth during the forecast period from 2025 to 2029. Factory automation plays a crucial role in enhancing efficiency and productivity across various manufacturing sectors such as automotive, aerospace, and electronics by automating manual processes.

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Key drivers of this market growth include the rising demand for automation solutions in manufacturing, driven by a strong focus on energy efficiency and productivity enhancement. The adoption of Industry 4.0 technologies like Internet of Things (IoT), cloud computing, and artificial intelligence (AI) further propels market expansion in India. The market is categorized into electrical automation, process automation, robotics, and discrete automation, with electrical automation currently holding the largest market share due to increasing demand for electric motors, drives, and related equipment. Process automation is anticipated to grow at the highest rate, fueled by the need for advanced automation in process control systems.

Browse over XX Market Data Figures spread through XX Pages and an in-depth TOC on the “India Factory Automation Market”

Leading players in the India factory automation market include ABB India, Siemens India, Schneider Electric India, Rockwell Automation India, and Honeywell Automation India, which are actively focusing on technological advancements and strategic partnerships to strengthen their market positions.

The Indian government has initiated several programs such as Make in India, Digital India, and Skill India to promote market growth. These initiatives aim to improve infrastructure and create a conducive environment for manufacturing companies, including tax reductions for automation firms.

The market is segmented by type into fixed automation, programmable automation, flexible automation, and integrated automation. Programmable automation systems, known for their flexibility and adaptability, dominate this segment due to their ability to meet dynamic manufacturing process requirements.

Technologically, the market includes supervisory control and data acquisition (SCADA), programmable automation controller (PAC), programmable logic controller (PLC), distributed control system (DCS), and human-machine interface (HMI).

End-user industries driving market demand encompass manufacturing, energy & power, automotive, logistics, and others, each contributing to the market’s regional segmentation across East India, West India, North India, and South India.

Key market players like ABB India Ltd, Siemens Ltd, and Schneider Electric India Pvt. Ltd are pivotal in shaping the India factory automation landscape, leveraging advancements in automation technologies to bolster operational efficiencies and drive sector-wide growth.

Overall, with increasing adoption across diverse industries and supportive government initiatives, the India factory automation market is set for significant expansion, poised to transform manufacturing capabilities and drive economic growth in the region.

Key market players in the India factory automation market include:

• ABB India Ltd
• Siemens Ltd
• Schneider Electric India Pvt. Ltd
• Honeywell Automation India Ltd
• Mitsubishi Electric India Pvt. Ltd
• OMRON Automation India
• Emerson Electric Co. (India) Pvt. Ltd
• YASKAWA India Pvt. Ltd
• FANUC India Pvt. Ltd
• Rockwell Automation India Pvt. Ltd.

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“India’s factory automation market is expected to grow considerably in the coming years as the country’s manufacturing industry continues to expand. With the emergence of Industry 4.0, automation has become a priority for many Indian companies to reduce their costs and increase efficiency. Growth in the factory automation market is driven by the increasing demand for improved efficiency, cost reduction, and productivity. The increasing adoption of industrial robots and automation technologies in India is helping to reduce labor costs, increase product quality and reduce the time spent in production. With the help of automated technologies, production and operational costs can be reduced significantly. Additionally, the increasing use of automation technologies in the country can help speed up the production process, which can help to improve the overall efficiency of the manufacturing sector. The Indian government has also taken several initiatives to promote the adoption of automation technologies in the manufacturing sector such as the Make in India initiative. Additionally, the government has provided tax incentives and subsidies to promote the use of automation technologies in the manufacturing sector. Overall, the factory automation market in India is expected to experience steady growth in the coming years. The country’s manufacturing sector is expected to benefit from the adoption of automation technologies as it can help to improve the efficiency and productivity of the sector. The increasing demand for automation technologies in the country is likely to continue to drive the growth of the factory automation market in India” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“India Factory Automation Market By Type (Fixed Automation, Programmable Automation, Flexible Automation, and Integrated Automation), By Technology (Supervisory Control and data Acquisition (SCADA), Programmable Automation Controller (PAC), Programmable Logic Controller (PLC), Distributed Control System (DCS), and Human Machine Interface (HMI)), By End-User Industry (Manufacturing, Energy & Power, Automotive, Logistics, and Others), By Region, Competition Forecast and Opportunities, 2029”, has assessed the India factory automation market’s future development potential and provides data and information on market size, structure, and projected market growth. The report’s goal is to give current market knowledge and assist decision makers in making informed investment decisions. Furthermore, the study identifies and analyses emerging trends, as well as key drivers, constraints, and opportunities in the India factory automation market.

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Techsci Research LLC
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