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India Integrated Circuits Market Analysis and Growth Outlook 2028

According to TechSci Research report, “India Integrated Circuits Market –Industry Size, Share, Trends, Competition, Opportunity, and Forecast, FY2018-FY2028F” The India Integrated Circuits Market is poised to grow at a remarkable CAGR of 12.36% during the forecast period, driven by trends such as the widespread adoption of 5G connectivity, advanced driver assistance systems (ADAS) in automotive vehicles, cloud computing, and IoT-based devices.

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This growth is underpinned by increasing penetration of the Internet of Things (IoT) and electronic devices like mobiles, laptops, and computers, which escalate the demand for integrated circuit chips.

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Significant research and development efforts, particularly in advanced driver assistance systems by major automotive players, are fueling demand for integrated circuits. The expanding IoT ecosystem is also boosting requirements for analog ICs, digital ICs, and microcontroller sensors in automated equipment and IoT devices. For instance, advancements in automotive infotainment systems and precise GPS tracking are driving sales of automotive microcontrollers (MCUs). Moreover, the surge in electric vehicle (EV) sales, driven by fluctuating fuel prices and government subsidies, presents new growth opportunities for the market.

Furthermore, IC manufacturers are targeting emerging economies, leveraging the global trend towards smartphones. This strategic approach is expected to drive market expansion. The increasing deployment of 5G services is anticipated to further bolster industry growth.

The India Integrated Circuits Market is segmented by Product Type (Memory, Logic, Micro, Analog), Application Type (Data Processing, Communication, Industrial Electronics, Automotive, Consumer Electronics), and Region (South, West, North, East). The Memory segment, with its ability to handle data storage and retrieval efficiently, dominated the market with over 43.47% market share in FY2022.

Key market players in the India Integrated Circuits Market include:

Samsung India Electronics Pvt. Ltd
Intel Technology India Pvt. Ltd. (India)
Qualcomm India Private Limited (India)
Taiwan Semiconductor Manufacturing Co.
Texas Instruments India Pvt. Ltd. (India)
Toshiba Electronic Devices & Storage Corporation
AMI Semiconductor
ASM Technologies
Micron Technology inc.
Broadcom Inc.

Major players are likely to bolster their footfall as end-users continue to exhibit traction for smart connectivity and IoT integrated operation. The India Integrated Circuits Market growth will be noticeable with the growing footprint of laptops, smart desktops, and tablets. Industry participants are likely to emphasize the production of sophisticated and state-of-the-art integrated circuit devices.On the basis of region, the market is divided into South, West, North & East. The South region is the major contributor to the growth of the India Integrated Circuits Market and has contributed to the largest market share of more than 40.53% in the year FY2022.

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“The increased use of next-generation mobile networks like 4G and 5G necessitates the installation of new infrastructure. Radio frequency integrated circuits, system on chips, application specific integrated circuits, cellular integrated circuits, and millimeter-wave integrated circuits are commonly used in the development of 5G infrastructure, resulting in a high demand for integrated circuits.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“India Integrated Circuits Market By Product Type (Memory, Logic, Micro, Analog), By Application Type (Data Processing, Communication, Industrial Electronics, Automotive, Consumer Electronics), By Region, Competition Forecast & Opportunities, FY2018-FY2028F”, has evaluated the future growth potential of Integrated Circuits Market in India and provides statistics and information on market structure, size, share and future growth. The report is intended to provide cutting-edge market intelligence and help decision makers take sound investment decision. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities present in India Integrated Circuit market.

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India Semiconductor Rectifier Market Growth Drivers and Forecast 2028

According to TechSci Research report, “India Semiconductor Rectifier Market By Region, Competition Forecast & Opportunities, FY2028”, The India semiconductor rectifier market is poised for steady growth from FY2024 to FY2028. Key drivers include robust demand across diverse industries such as consumer electronics, information technology, communications, automotive, and power. Additionally, the introduction of environmentally-friendly semiconductor rectifiers is bolstering market demand in India.

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A semiconductor rectifier is a fundamental electronic component that allows current to flow in one direction only, converting alternating current to direct current. It plays a crucial role in electronic devices by safeguarding circuits against polarity issues, typically positioned following voltage regulators, smoothing filters, or transformers.

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Despite these favorable factors, challenges such as the high cost of semiconductor rectifiers and technical complexities could potentially hinder market growth during the forecast period. The India semiconductor rectifier market is segmented into product type, type, industry vertical, regional distribution, and competitive landscape.

Based on product type, the market is divided into single phase and three phase. The three-phase segment is expected to witness the fastest incremental growth in the forecast period. They are more efficient and can transmit three times than single-phase power. Consumers prefer to invest in purchasing the three-phase power to enjoy a constant power supply and have low power.

Based on industry vertical, the market is divided into automotive, consumer electronics, power & utility, IT & telecom, and others. The consumer electronics segment is expected to account for a significant market share in the forecast period owing to the expected roll-out of 5g technology and the growing popularity of smart devices among consumers. The government is working on improving the telecommunication industry and investing substantial amounts to boost the consumer electronics industry. There is high demand for semiconductor rectifiers to protect the devices from external damage, which is expected to fuel the growth of India semiconductor rectifier market.

Major market players operating in the India semiconductor rectifier market are:

Infineon Technologies AG
Mitsubishi Electric Corporation
Microchip Technology, Inc.
Renesas Electronics Corporation
Rohm Semiconductors Co., Ltd.
STMicroelectronics N.V.
Texas Instruments, Inc.
Toshiba Corporation
Vishay Intertechnology, Inc.
The Toro Company

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“The high-end investments by the market players in research and development activities to find innovative solutions and upgrade the existing infrastructure is expected to create lucrative growth opportunities for the India semiconductor rectifier market. The ongoing trend of the miniaturization of electronic devices is forcing electronic component manufacturers to lower the size of semiconductor rectifiers. They are widely used during the manufacturing of power electronic devices. The high demand from the automotive industry is expected to propel the growth of India semiconductor rectifier market till FY2028” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

“India Semiconductor Rectifier Market By Product Type (Single Phase and Three Phase), By Type (Low Current Rectifier, Medium Current Rectifier, High Current Rectifier), By Industry Vertical (Automotive, Consumer Electronics, Power & Utility, IT & Telecom, and Others), By Region, Competition Forecast & Opportunities, FY2028”, has evaluated the future growth potential of India semiconductor rectifier market and provides statistics & information on market size, structure and future market 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 India semiconductor rectifier market.

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India 3D Printer Market Trends and Growth Forecast 2028

According to TechSci Research report, “India 3D Printer Market- By Region, Competition, Forecast & Opportunities, 2018-2028”, the India 3D Printer Market stood at USD92.34 million in 2022 and is projected to grow at a CAGR of 20.33% in the forecast period. This growth trajectory is driven by technological advancements in the 3D printing industry and the increasing adoption across various sectors like defense, aerospace, and automotive. The enhanced prototyping capabilities and accuracy of 3D printing technology further bolster market expansion, particularly in the metal 3D printing segment.

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The shift from traditional manufacturing to functional part manufacturing in industries such as medical, aerospace, and consumer goods is a key driver for the India 3D printer market. 3D printing offers cost-efficiency, reduced material wastage, and faster production times, making it highly attractive across diverse verticals. The COVID-19 pandemic has also spurred innovation in medical applications, accelerating the demand for 3D printers in healthcare settings.

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The India 3D printer market is segmented by type, end-use industry, process, region, and competitive landscape. In terms of end-use industry, automotive holds a significant market share due to the adoption of customized solutions and products, driving a projected CAGR of 21.28% during the forecast period. Early adopters like consumer electronics, aerospace, and medical sectors are leveraging 3D printing for various applications, including dental and bio-printing technologies, which are poised to revolutionize the medical field.

Regionally, the South region dominates with a market share of 33.88% in 2022, driven by its status as an IT hub and the presence of key 3D printer manufacturers. The region’s investment in advanced manufacturing technologies, coupled with the growing demand from small and medium-sized enterprises for reliable and cost-effective prototypes, is expected to sustain market leadership in the coming years.

Major market players operating in the India 3D printer market are:

Altem technologies Pvt ltd.
J Group Robotics
Imaginarium India Pvt ltd
KC Bots
Think3d
Stratasys India
Divide By Zero Technologies
Novabeans Prototyping Labs LLP

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“India 3D printer market is expected to grow at a robust pace on account of technological developments, not only in terms of printing technology but also in printing material variety and quality. Moreover, growing demand for 3D printed products from various verticals such as manufacturing, defense, education, healthcare, aerospace, consumer electronics, automotive, etc. is further propelling the growth of India 3D printer industry. Easy availability of low-cost 3D printers along with anticipated decline in Average Selling Prices (ASPs) are attracting consumers. On the other hand, low cost of manufacturing products along with high customization and reduced raw material wastage are motivating the consumers to opt for 3D printers is expected to propel the India 3D Printer Market growth till 2028”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“India 3D Printer Market By Type (Personal Printer, Industrial Printer), By End Use Industry (Automobile, Consumer Electronics/Electronics, Medical, Aerospace, Defence, Education, Others{Robotics, Manufacturing, Entertainment, fashion Industry}), By Process(Powder Bed Fusion, Vat Polymerization/ Liquid Based, Material Extrusion, Binder Jetting, Material Jetting, Others{Direct Energy Decomposition, Sheet Lamination}), By Region (South, North, West, East), Competition, Forecast & Opportunities, 2018-2028”, has evaluated the future growth potential of India 3D printer market and provides statistics & information on market size, structure, and future market 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 India 3D printer market.

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India Outdoor LED Lighting MarketSize, Share, and Growth Analysis 2028

According to TechSci Research report, “India Outdoor LED Lighting Market – By Region, Competition Forecast & Opportunities, 2019-2029F, the India Outdoor LED Lighting Market is anticipated to register a robust growth during the forecast period 2024-2028” The Indian LED lighting market is experiencing rapid growth driven by the increasing emphasis on environmental sustainability. Energy conservation has long been a primary goal, and the adoption of LED lighting significantly enhances energy savings. In January 2020, India’s Ministry of Power announced the installation of approximately 361.3 million LED bulbs and 10.3 million smart LED streetlights nationwide through initiatives like UJALA and the National Program for LED Street Lights, expected to save 6.97 billion kWh annually.

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Government initiatives, heightened awareness, and increasing socio-economic development have significantly boosted the demand for LED lighting, even in rural areas and Tier II cities. The LED lighting industry in India is expanding robustly and is poised for sustained growth as consumer demand for energy-efficient products and smart solutions continues to rise. Government projects are pivotal in shaping the country’s infrastructure and urbanization efforts, driving the adoption of eco-friendly LED lighting solutions.

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Under the Application segment, Public Places are anticipated to dominate the India Outdoor LED Lighting Market, driven by the rapid growth of the Indian real estate industry. Commercial buildings such as malls, shops, restaurants, hospitals, and schools are significant consumers of energy, with lighting playing a crucial role. Shopping malls and showrooms rely on LED lighting to enhance product visibility and attract customers, thereby driving sales. For instance, in January 2019, the Airports Authority of India initiated a project to upgrade the perimeter lighting system at Chennai Airport with LED lights, reflecting the broader adoption trend.

In terms of Highways and Roadways, LED lighting is expected to dominate due to government policies promoting energy efficiency. Programs like the Street Lighting National Program (SLNP) have already installed over 1.03 million smart LED streetlights by early 2020, contributing to significant energy savings and greenhouse gas emission reductions. For example, the Bruhat Bengaluru Mahanagara Palike (BBMP) in Bangalore won accolades for converting street lighting to LED under a public-private partnership, highlighting the widespread adoption and benefits of LED technology in urban settings.

Investments in infrastructure projects like Bharatmala Pariyojana, with an estimated USD 113 billion investment, are further bolstering the development of efficient highway networks across India. These initiatives underscore the growing importance of LED lighting in enhancing energy efficiency and sustainability across various applications in India’s infrastructure landscape.

Major market players operating in the India LED Lighting Market are:

Surya Roshni Ltd.
Havells India Limited
Halonix Technologies Limited
Panasonic India
Bajaj Electricals Limited
Signify Holding
CG Power and Industrial Solutions Ltd
Bajaj Electricals Limited
Osram India Private Limited
Syska Led Lights Private Limited

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“India is making progress on adopting LED lighting solutions over the next five to ten years. India, because of its population and the opportunities lying within the Indian market, has capability to become the leader of LED lights while providing profitable opportunity for LED manufacturers for running operations in the country. Moreover, increased infrastructure expenditures, fast expansion of street lighting systems, and government initiatives are likely to fuel Outdoor LED light demand in India.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research-based India management consulting firm.

“India Outdoor LED Lighting Market is segmented into Wattage, Application, Distribution Channel, Installation Type. Based on Wattage, the market is segmented into Below 80W, 80W and above. Based on Application, the market is segmented into Highways and Roadways, Public Places, Architecture, Others (streetlights, parking garage etc.)). Based on Distribution Channel, the market is segmented into Direct Sales, Wholesale/Retail, etc. Based on Installation Type, the market is segmented into New Installation, Retrofit Installation. By Region, Competition Forecast & Opportunities, 2018-2028F has evaluated the future growth potential of India LED Lighting Market and provides statistics & information on market size, structure, and future market 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 India Outdoor LED Lighting Market.

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India LED Lighting Market Size and Growth Forecast 2028

According to TechSci Research report, “India LED Lighting Market – By Region, Competition Forecast & Opportunities, 2018-2028, the India LED Lighting Market is anticipated to register a robust growth during the forecast period, 2024-2028” Due to the increasing emphasis on environmental sustainability, energy conservation has long been a significant implementation goal. Utilizing LED lighting offers substantial energy savings.

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The Indian government has implemented robust energy efficiency initiatives in recent years, aiming to foster an energy services market. For example, the UJALA and LED Street Lighting National Program, launched by the Indian Ministry in January 2020, has successfully installed approximately 361.3 million LED bulbs nationwide and 10.3 million smart LED streetlights, resulting in an estimated annual savings of 6.97 billion kWh. Collaborations with the International Energy Agency (IEA) and various federal and state entities further promote widespread adoption of energy-saving policies across public sectors.

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The Indian LED lighting industry is rapidly expanding and expected to continue growing in response to increasing consumer demand for energy-efficient products and smarter lifestyles. Government initiatives are driving this transition toward energy efficiency. Despite significant advancements in smart home technology and internet penetration in India, smart LED lighting remains in its nascent stages. Consumers are increasingly interested in smart lighting solutions that offer convenience and enhanced aesthetics, whether they are upgrading existing homes or constructing new ones. This trend is expected to provide consumers with more choices in smart LED lighting solutions for residential applications.

India LED Lighting Market is segmented into by type, by application, by end user sector and by region. Based on Type, the LED light bulbs and lamps are expected to be dominant in the India LED Lighting Market, owing to the residential sector’s growing usage of LED light bulbs and lamps. In comparison to alternative options like incandescent lights and CFLs, LED light bulbs and lamps provide advantages like improved energy efficiency and high stability. They are also available in a variety of forms. The government’s strategy for increasing LED awareness among consumers to reduce/manage energy usage is another element that is anticipated to boost the target market’s expansion.

On the basis of End User sector, Commercial segment is expected to dominate the India LED Lighting Market because of the significant growth of India real estate industry. It is expected to increase to USD 1 trillion in 2030 from USD 200 million, in 2021. At the same time, the digital economy and e-commerce attributed to the demand for coworking office spaces, smart warehousing and logistics hubs, which has augmented the demand for LED lighting in the commercial sector, all across India. Moreover, key retailers are now using LED lights to improve their customer experience which is driving the sales of LED lights. Hence, LED lights are not only restricted to residential sector, but also being adopted by the commercial application areas.

Major market players operating in the India LED Lighting Market are:

Surya Roshni Ltd.
Havells India Limited
Shree Sant Kripa Appliances Pvt. Ltd
OSRAM India Private Limited
Crompton Greaves Consumer Electricals LTD
Halonix Technologies Limited
Panasonic India Pvt. Ltd.
GE Lighting India Pvt. Ltd.
Bajaj Electricals Limited

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“Over the next five to ten years, India offers a huge potential market for the adoption of LED lighting solutions. Given that India is one of the biggest lighting markets, there is a lucrative opportunity for LED producers to set up shop there. Skilled workforce, ease of doing business, and demographic advantages all contribute to the creation of a sustainable environment for the LED industry. The demand for LED lights in India is also projected to be fueled by rising infrastructure spending, a rapid development of street lighting systems, a decline in the average price of LEDs, as well as other government and upcoming smart building programmes.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research-based India management consulting firm.

“India LED Lighting Market By Type (LED Bulbs & Lamps, Batten Lights, Downlights, Spotlights and Others), By End Use Sector (Commercial, Residential, Institutional, Industrial and Others), By Application (Outdoor Lighting, Indoor Lighting, Automotive Lighting and Others), By Region, Competition Forecast & Opportunities, 2018-2028”, has evaluated the future growth potential of India LED Lighting Market and provides statistics & information on market size, structure, and future market 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 India LED Lighting Market.

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India 3D Printing Market Size, Share, and Growth Analysis 2028

According to TechSci Research report, “India 3D Printing Market- By Region, Competition Forecast & Opportunities, 2028,” The 3D Printing Market in India is poised for growth in the forecast period due to extensive research and development in additive manufacturing and increasing demand for prototype applications across various industrial sectors, notably healthcare, automotive, aerospace, and defense.

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Additive Manufacturing (AM) is the primary method used in industrial applications for 3D printing. This process involves adding material layer by layer based on a 3-dimensional digital model, utilizing specialized software and 3D printers. It finds application across diverse industry verticals, enhancing production efficiency in the final stages.

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Deployment encompasses installation services, consulting options, client support, and troubleshooting related to copyright, licensing, and patenting issues. Businesses benefit from 3D printing through rapid prototyping, streamlined production of complex structures and finished products, modeling, and accelerated time-to-market, thereby reducing manufacturing costs and offering superior products at competitive prices. Consequently, the demand for 3D printers and related services is expected to surge in the coming years.

However, prevalent misconceptions among small and medium-sized enterprises regarding prototyping processes hinder the widespread adoption of additive manufacturing. These businesses often view prototyping costs as an unnecessary expense rather than recognizing the strategic advantages and long-term benefits of prototypes. Such misperceptions, coupled with insufficient technical knowledge and a looming shortage of standardized process controls, are projected to impede industry growth.

The COVID-19 pandemic significantly impacted India’s economy and the 3D printing sector as a whole. India initially faced one of the highest numbers of COVID-19 cases globally, prompting the government to impose strict lockdowns in major cities to curb the virus spread. This disrupted supply chains and logistics, leading to a halt in 3D printing operations, which adversely affected market expansion in the first and second quarters of 2020.

Segmented by Technology, the India 3D Printing market includes Stereolithography, Fuse Deposition Modeling, Selective Laser Sintering, Electron Beam Melting, Laminated Object Manufacturing, and Others. Stereolithography holds the largest market share due to its established status and effectiveness in traditional printing processes. Despite its advantages, ongoing technological advancements and robust R&D efforts are creating opportunities for other reliable and efficient technologies. Fused Deposition Modeling (FDM) also contributed significantly to market revenue in 2021 owing to its wide applicability across various 3D printing processes. As these technologies continue to evolve, Selective Laser Sintering, Electron Beam Melting, and Laminated Object Manufacturing are expected to gain traction, driven by increasing demand from sectors such as aerospace and defense, healthcare, and automotive.

Key market players in the India 3D Printing Market include:

Aha 3D innovations Pvt Ltd. 3D Print India
Imaginarium India Pvt. Ltd
J Group Robotics
Dev Engineering
Altem Technologies Ltd
Wipro Enterprises Pvt Ltd.
Sahajanand Technologies Private Limited Aurum 3D
3D Spectra Technologies LLP

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“The 3D printing industry is still in its infancy stage in India. In the years to come, it will present enormous growth prospects. The Make in India program, together with the emphasis on local production, the requirement for lean manufacturing, and rising penetration across a wide range of applications, would boost theIndia 3D Printing Market. The development of the regional 3D printing market will inevitably be significantly impacted by Make in India program.. Israel–based Stratasys is planning a rapid expansion of its 3D printing sector in India. Therefore, the growth of 3D Printing Market is expected to rise in the upcoming years,” said Mr Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

“India 3D Printing Market By Component (Hardware, Software and Services {Software (Design Software, Inspection Software, Printer Software, Scanning Software)}), By Printer Type (Desktop 3D Printer, Industrial Printer), By Technology (Stereolithography, Fuse Deposition Modeling, Selective Laser Sintering, Electron Beam Melting, Laminated Object Manufacturing, Others), By Process (Powder Bed Fusion, Vat Polymerization/ Liquid Based, Material Extrusion, Binder Jetting, Material Jetting, Others), By Vertical (Automobile, Consumer Electronics, Medical, Aerospace & Defense, Education, Others), By Region, Competition Forecast & Opportunities, 2028”, has evaluated the future growth potential of India 3D Printing Market and provides statistics and information on market structure, size, share, and future growth. The report is intended 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 present in the India 3D Printing Market.

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India Cloud Computing Market Outlook and Growth Potential 2028

According to TechSci Research report, India Cloud Computing Market – By Region, Competition Forecast & Opportunities, 2018-2028F, the India Cloud Computing Market is expected to register robust growth during the forecast period, 2024-2028F, The Indian cloud computing market is poised for significant growth in the coming years. Emerging technologies like artificial intelligence and the Internet of Things are playing a pivotal role in shaping the cloud computing landscape. Cloud computing offers numerous advantages to users, including enhanced data security, seamless access to data from anywhere at any time, and reduced IT costs, which are contributing to its increasing demand in India.

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Cloud computing technology provides instant and on-demand access to computing resources such as data storage and processing power without the need for direct management. This cost-effective approach allows enterprises to pay only for the cloud services they use, eliminating the need for heavy investments in IT infrastructure and operational expenses. By streamlining the assembly and management of IT components, cloud computing enhances operational efficiency and agility in response to dynamic market conditions. It also facilitates the consumerization of technology, opening doors to innovative and engaging customer experiences.

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The influence of cloud computing extends across various sectors, reshaping business strategies, digital transformation initiatives, and technology adoption decisions among enterprises. This transformative impact is a key driver fueling the growing demand for cloud computing solutions nationwide.

India Cloud Computing Market is divided on the basis of service, organization type, application, and end-user. Based on Service, the market is further divided into SaaS, IaaS, PaaS and BPaaS. Based on organization type, the market is further split into government, small and medium sized enterprises and large enterprises, based on application, the market is segmented into app hosting, e-mail, storage & backup, CRM, business analytics, database & content management, and others. Based on end-user, the market is divided into IT & telecom, BFSI, retail & consumer goods, healthcare and others.

Key market players in the India Cloud Computing Market include:

Tata Consultancy Services
Infosys Limited
Wipro Limited
Zenith InfoTech Limited
CipherCloud
Amazon Web Services
CtrlS Datacenters Limited
Clogeny Technologies Private Limited
Alphabet Inc.
Microsoft Azure

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The worldwide pandemic that has disrupted the global economy, particularly the Indian economy, is expected to have a significant impact on the Indian cloud computing business during the next five years. The country’s need for cloud computing has expanded dramatically because of people doing their whole network-based job from home. Additionally, cloud computing lowers IT expenses, which could be extremely profitable for the nation throughout the COVID-19 period and is expected to continue to grow during the forecast period, 2024-2028” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

“India Cloud Computing Market by Service (SaaS, IaaS, PaaS, and BPaaS), By Organization Type (Government, Small and Medium Sized Enterprises and Large Enterprises), By Application (App Hosting, E-mail, Storage & Backup, CRM, Business Analytics, Database & Content Management and Others), By End-User (IT & Telecom, BFSI, Retail & Consumer Goods, Healthcare and Others) By Region, Competition Forecast and Opportunities, 2028” has evaluated the future growth potential of India Cloud Computing market and provides statistics & information on market size, structure, and future market 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 India Cloud Computing market.

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India Collaborative Robots Market Size and Share Analysis 2028

According to the TechSci Research report, “ India Collaborative Robots Market – By Region Competition Forecast and Opportunities, 2018–2028,” The India Collaborative Robots Market is poised for significant expansion in the coming years. Collaborative robotics, a cornerstone of Industry 4.0, enhances workplace conditions and efficiency. Major automotive manufacturers have integrated cobots into assembly lines, where these robots demonstrate flexibility by swiftly adapting to diverse tasks ranging from mass production to customized manufacturing. As per the International Federation of Robotics, the cobot market is witnessing robust growth, with end-users and system integrators continually exploring innovations in cobot design and implementation, including sensors, grippers, and interfaces.

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India, recognized as a pivotal hub for cobot production and manufacturing, is bolstering its capabilities through initiatives like “Make in India,” aimed at establishing global benchmarks in robotics technology. Moreover, the robotics sector in India has the potential to significantly impact employment, with estimates suggesting that every three robots create employment for up to 10,000 individuals. According to NITI Aayog, automation and robotics are poised to contribute substantially to India’s economy, potentially adding USD 1 trillion by 2035. The government has introduced several initiatives and policies to strengthen the robotics industry, including industry-relevant skill training for millions of youths in technologies such as AI, Big Data, and robotics, as outlined in the 2019 Union Budget.

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In 2020, the Government of India launched the Production Linked Incentive (PLI) scheme to promote large-scale electronics manufacturing and IT hardware, encompassing essential robotics components like cameras, sensors, and encoders. Government support also extends to funding R&D and innovation projects, positioning India as the 11th highest country in robotics research globally.

The Indian robotics startup ecosystem is gaining momentum, buoyed by the rising demand for industrial robots. Initiatives such as the AICRA Tech Startup Programme, spearheaded by the All-India Council for Robotics and Automation (AICRA), underscore India’s commitment to fostering innovation in the robotics sector. Additionally, the Robotics Research Center (RRC) at the International Institute of Information Technology (IIIT) Hyderabad plays a pivotal role in advancing robotics through pioneering research and innovative projects.

The India Collaborative Robots Market is segmented on the basis of payload capacity, application, industry, region, and competitive landscape.

In 2021, the material handling segment contributed significantly to revenue. Material-handling robots can automate tasks and provide a safe work environment by automatically processing harmful raw materials in factories, warehouses, and distribution centers.

According to analysis, India is expected to grow at the fastest rate during the forecast period. Collaborative robots are thriving in the Asian market, particularly India and have been recognized in the India Tech market. In India, government established an Artificial Intelligence and Robotics Technology Park (ARTPARK) at Indian Institute of Science to enhance research & development ecosystem with an investment of USD 30 million. Furthermore, government introduced product linked incentive scheme covers wide variety of robotics components including camera, sensors, resistors, capacitors, inductors, diodes, and transistors., encoders, potentiometers, resolvers, and/or tachometers.

Major market players operating in the India Collaborative Robots Market are:

ABB AB
Addverb Technologies
KUKA Robotics
Robert Bosch GmbH
GreyOrange
Sastra Robotics India Private Limited
Lockheed Martin India Private Limited
Precise Automation, Inc.
Techasoft Private Limited
DiFACTO Robotics

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“India Collaborative Robots Market is expected to thrive because humans can easily collaborate with robots, train them with programmable movements, and then handle material and sorting packages simultaneously. In material transportation environments, robots can seamlessly move objects and process as quickly as any human. This is anticipated to propel the demand for collaborative robots across the country over the next five years.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research-based India management consulting firm.

“ India Collaborative Robot Market, by Payload Capacity (Up to 5 Kg, between 5 and 10 Kg and Above 10 Kg), By Application (Assembly, Pick & Place, Machine Tending and Others), By Industry (Automotive, Electronics, Metals & Machining, Plastics & Polymers, and Others), By Region, Competition Forecast and Opportunities, 2028″, has evaluated the future growth potential of India Collaborative Robots market and provides statistics & information on market size, structure, and future market 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 India Collaborative Robots Market.

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India IoT Professional Services Market Trends Analysis & Forecast 2028

According to TechSci Research report, India IoT Professional Services Market Size, Share, Trends, Opportunity, and Forecast. 2018–2028, the IoT Professional Services market is expected to register a robust growth during the forecast period, 2024-2028. IoT professional services encompass a range of offerings including consulting, system integration, deployment and support, and maintenance services. These services assist organizations in conceptualizing, developing, and implementing IoT solutions aimed at capturing, analyzing, and utilizing data to enhance business processes and innovate new revenue streams.

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The growth of the IoT professional services market in India is driven by several key factors. Firstly, there is a rising adoption of IoT technologies across diverse industry verticals. Secondly, India benefits from a pool of skilled IoT professionals who contribute to the sector’s expansion. Thirdly, government initiatives promoting digitalization and smart city development further stimulate market growth.

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India’s software industry, renowned for its global success, has bolstered the country’s economy with a workforce exceeding four million. Indian IT & ITeS companies operate over 1,000 global delivery centers across 80 countries, underscoring the increasing significance of service provisioning for IoT devices.

Additionally, advancements in wireless technology and the broader availability of internet connectivity contribute significantly to the market’s expansion. The agricultural sector’s adoption of smart farming practices has amplified the demand for cloud-based service management platforms. Furthermore, enterprises undertaking extensive digital transformation initiatives rely on professional IoT services to efficiently plan, design, and implement IoT systems. This comprehensive support spans all stages of IoT deployment, thereby propelling growth within the India IoT professional services market.

India IoT professional services market is segmented based on service type, organization size, deployment type, and end-use industry. Based on service type, the market is segmented into IoT consulting service, IoT infrastructure service, system designing & integration service, support & maintenance service, and education & training service. The growth of smart manufacturing operations has directly influenced the demand for IoT consulting services as manufacturing plants hop into the drive toward digital transformation. The return on investment of leveraging consulting services is built on the financial savings enabled by IoT. Professional services help companies streamline device logistics including authentication, configuration, provisioning, and management. Customer preference for deployment services is based on end-to-end solutions, along with easy access and distribution channels. Companies such as AT&T provide end-to-end certified deployment services in over 150 countries and territories, including device authentication, configuration (Firmware Over the Air (FOTA)/Software of the Air (SOTA)). These advancements by the market players are driving the growth in the India IoT professional services market.

System design and integration services provide a full range of IoT ecosystem designs, facilitate enterprise integration of IoT solutions, and sustain operating systems and business projects. System design service providers plan complete IoT systems to reduce business complexity and improve organizational profitability.

Based on deployment type, the market is bifurcated into cloud and on-premises. The cloud deployment type segment is projected to register the highest CAGR during the forecast period. Professional services portfolio is created to reduce the complexity of IoT systems. With the proliferation of connected devices allowing enterprises to focus on their core business, there is a growing demand for managed services. A key benefit of professional services is the know-how available to the customer.

Key market players in the IoT Professional Services market:

Infosys Technologies Limited
Tata Consultancy Services Limited
Wipro Technologies
HCL Technologies
Redington (India) Ltd
Tech Mahindra
L&T Infotech
Mphasis Ltd
Mindtree Ltd
Oracle Financial Services Software Ltd (OFSSL)

Convergence Acceleration Solutions, LLC, a U.S.-based consulting, and program management firm that specializes in accelerating significant business and technological transformation, has been acquired by Wipro Limited, a leading global provider of information technology, consulting, and business process services.

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“The demand for IoT professional services is anticipated to grow during the forecast period owing to rising investments in India. As the region is home to major telecom industry players such as Infosys Technologies Limited and Tata Consultancy Services Limited which continually invest in evolving their infrastructure to keep up with technological advances. This is expected to drive the adoption of professional IoT services during the forecast period. Moreover, fast and secure 5G connectivity is expected to accelerate the adoption of IoT devices, enabling agile operations and flexible production. This technology aims to facilitate automated assembly, warehousing, connected logistics, packaging, product handling, and autonomous carts. Additionally, the IoT and digital solutions visibility in the industry is significantly higher in India.” said, Mr. Karan Chechi, Research Director with TechSci Research, a research-based India management consulting firm.

“IoT professional services Market Segmented By Service Type (IoT Consulting Service, IoT Infrastructure Service, System Designing & Integration Service, Support & Maintenance Service, and Education & Training Service), By Organization Size (SMEs, Large Enterprises), By Deployment Type (Cloud, On-premises), By End Use Industry (IT & Telecom, Retail, Manufacturing, Healthcare, BFSI and Others), By Region and Competition has evaluated the future growth potential of India IoT professional services market and provides statistics & information on market size, structure, and future market 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 IoT professional services market.

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