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India Web 3.0 Blockchain Market Size, Key Drivers, Trends, and Competitive Landscape 2028

According to TechSci Research report, India Web 3.0 Blockchain Market – By Region, Competition Forecast & Opportunities, 2018-2028, the India Web 3.0 Blockchain Market is expected to register robust growth during the forecast period, 2023-2028. In the realm of Web 3.0, edge computing and blockchain form a symbiotic relationship. Blockchain, with its enhanced Proof of Stake (PoS) deployments, relies on edge computing’s robust infrastructure to facilitate secure and efficient transactions. This synergy creates a reliable environment for blockchain operations while edge computing optimizes data processing at the point of origin, reducing bandwidth consumption. As a result, innovative applications of edge computing are poised to dominate the India Web 3.0 Blockchain Market.

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The establishment of the India Blockchain Forum aims to position India as a hub for Web3.0 and blockchain technologies. By promoting awareness and setting international standards, the forum seeks to establish community chapters nationwide. Collaborating with regulators, industry leaders, academia, and governments, the India Blockchain Forum aims to develop a comprehensive framework for blockchain and Web 3.0 adoption. Moreover, the forum plans to foster an environment conducive to innovation, encourage businesses to leverage Web 3.0 technologies, and facilitate cross-border collaboration.

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With over 40 influencers and the formation of Special Interest Groups (SIGs) focusing on areas like CBDC, Metaverse, Policy frameworks, and NFTs, the forum is poised to drive blockchain and Web3.0 adoption forward in India. The market is anticipated to achieve a significant Compound Annual Growth Rate (CAGR) during the forecast period.

However, the growth of the India Web 3.0 Blockchain Market may be hindered by limited end-user awareness during the forecast period. Nevertheless, rapid technological advancements are expected to unlock new opportunities and propel the market’s growth trajectory forward.

The India Web 3.0 Blockchain Market encompasses segments based on blockchain type, application, and end-user categories. In terms of blockchain type, it is categorized into public, private, hybrid, and consortium blockchains. Public blockchains, which allow universal access without specific authorization, dominated the market during the projected period. They offer decentralized and immutable transaction records, ensuring security and transparency. Popular cryptocurrencies like Bitcoin, Litecoin, and Ethereum utilize public blockchains, which can also be leveraged by governments for applications such as managing medical records and voting platforms.

Regarding applications, the market includes cryptocurrency, conversational AI, data & transaction storage, payments, smart contracts, and others. Cryptocurrency applications are expected to hold the largest market share owing to the increasing demand for high-performance transaction solutions in India’s evolving digital landscape. Businesses are adopting blockchain technology to streamline cryptocurrency transactions efficiently, driven by advancements in digitalization and automation.

In terms of end-users, the market segments into BFSI, e-commerce & retail, media & entertainment, healthcare & pharmaceuticals, IT & telecom, and others. The BFSI sector is anticipated to dominate the market, driven by the scalability, faster transaction speeds, and reduced processing costs offered by Web 3.0 blockchain solutions. These technologies eliminate the need for third-party payment gateways, facilitating quicker financial transactions. Additionally, Web 3.0 blockchain enhances security by enabling decentralized data storage for insurance companies, mitigating cybercrime risks.

Overall, the India Web 3.0 Blockchain Market is poised for growth across these segments, driven by technological advancements and increasing adoption in various industries seeking enhanced efficiency and security in their operations.

Key market players in the India Web 3.0 Blockchain Market: –

Helium Systems Inc.
Alchemy Insights, Inc
Polygon Technology
Decentraland
Brave Software, Inc.
Coinbase Global, Inc.
Kadena LLC
Filecoin
Web3 Foundation
Ocean Protocol Foundation Ltd.

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The development and expansion of machine learning (ML) and artificial intelligence (AI) capabilities in addition to the explosive growth of blockchain technology are expected to support this transformation. Blockchain technology is essential to the growth of web 3.0 firms so they utilise decentralized protocols. The customer gaining control of their data, enhanced transparency, and more secure data security are the main factors boosting the India web 3.0 blockchain industry.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

India Web 3.0 Blockchain Market By Blockchain Type (Public, Private, Hybrid, Consortium), By Application (Cryptocurrency, Conversational AI, Data & Transaction Storage, Payments, Smart Contract, Others), By End-User (BFSI, E-commerce & Retail, Media & Entertainment, Healthcare & Pharmaceuticals, IT & Telecom, Others), By Region, Competition Forecast & Opportunities, 2017-2027 has evaluated the future growth potential of India Web 3.0 Blockchain 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 Web 3.0 Blockchain Market.

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In-depth Analysis of India Cleaning Robots Market Report 2028

According to TechSci research report, “India Cleaning Robots Market – By Region, Competition Forecast & Opportunities, 2018-2028,” The India Cleaning Robots Market is poised for significant expansion in the coming years.

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There is a burgeoning demand for cleaning robots across residential and commercial sectors in India. As the nation progresses and modernizes, the need for efficient and cost-effective cleaning solutions is gaining prominence. Cleaning robots are extensively employed for floor cleaning in homes, offices, and commercial establishments, adeptly handling various surfaces like tiles, marble, and hardwood. They play a crucial role in industries such as manufacturing, automotive, and pharmaceuticals, where they efficiently clean large areas and equipment, contributing to reduced labor costs and enhanced operational efficiency.

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Robotic vacuum cleaners, particularly popular in urban Indian households, effectively clean carpets, hardwood floors, and other surfaces autonomously, reducing the necessity for manual cleaning. Municipal corporations utilize sewer cleaning robots to desilt and clean sewer lines, accessing areas inaccessible to human workers.

India ranks among the top 15 countries globally for robot installations, with significant deployments across sectors like automotive, e-commerce, electronics, and defense, underscoring the country’s growing appetite for robotic solutions. This trend aligns with the increasing technological advancements driving the demand for cleaning robots in India.

Cleaning robots facilitate efficient collection of dirt and debris from carpets and hard floors, utilizing brushes, rotating brushes, or air-driven turbines. They operate autonomously without human intervention, offering convenience and effectiveness. Robotic floor cleaners, capable of mopping, vacuuming, and polishing floors independently, have gained substantial popularity.

The COVID-19 pandemic has heightened public awareness about cleanliness, further boosting the adoption of cleaning robots in hotels, restaurants, and convention centers. These robots not only contribute to maintaining cleanliness but also alleviate the workload of staff members.

Advancements in cleaning robot technology, such as Wi-Fi connectivity, AI capabilities, and voice assistance, are driving market growth. Manufacturers are focusing on introducing innovative products equipped with these features to cater to evolving consumer preferences. Newer models of robotic vacuum cleaners are compatible with voice assistants like Google Assistant and Alexa, enabling users to control them remotely with voice commands. The integration of Internet of Things (IoT) and connected devices enhances user control and customization, optimizing cleaning operations.

For instance, Neato Robotics launched its latest line of robotic vacuums in September 2020, including models like the Neato D10, D9, and D8, leveraging advanced features to meet consumer demands effectively.

India Cleaning Robots Market can be segmented by type, operation mode, product type, application, region and competitive landscape.

Based on Product Type, the market is further split into floor-cleaning robot, pool-cleaning robot, lawn-cleaning robot, window-cleaning robot and others. The surface of mopping increases in large industries and public spaces like malls, airports, railway stations, etc., so there is a need for equipment that can clean a large area with little effort. As a result, a variety of integrated cleaning machines are used and can be seen in public places.

Major companies operating in the India Cleaning Robots Market are:

iRobot Corporation
Milagrow Business & Knowledge Solutions Private Limited
Genrobotic
ILIFE Innovation Ltd.
Asimov Robotics
Invento Robotics
Hitachi India Pvt. Ltd.
Diakinetic
Dyson Technology India Pvt Ltd.
HM Robots

Various companies operating in the market are following strategies such as mergers & acquisitions, collaborations & partnerships, among others to stay competitive and have an edge over other market players.

In 2018, Thiruvananthapuram-based robotics start-up Genrobotics formed partnership with the Kerala government to install a spider-shaped robot named Bandicoot to clean sewers and manholes in Thiruvananthapuram.

In 2022, Nokia corporation formed partnership with IISc to set up the Nokia Centre of Excellence in Network Robotics at IISc Bangalore to promote robotics and advanced communications technologies in 5G and Artificial Intelligence.

In 2022, The World Skill Center (WSC) signed an agreement with ABB India Ltd. (ABB) to work in the field of robotics for automation industry. This partnership facilitates knowledge transfer and develop WSC staff and students in the area of robotics technology.

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“Growing demand for effective measures to juggle effectively between household chores and office work due to the rise in the working population and the increasing awareness towards adopting proper hygiene practices are expected to fuel the demand for cleaning robots in the next five years. Increasing demand from tech-savvy consumers and the efforts made by the market players to sell their products through the online sales channel are expected to significantly contribute to the market growth. Furthermore, the development of the hospitality sector to boost the economy and the introduction of toilet cleaning robots are anticipated to propel the growth of the India Cleaning Robots Market till 2028.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

“India Cleaning Robots Market By Type (Personal Cleaning Robot, and Professional Cleaning Robot), By Operation Mode (Self-Driven, and Remote Controlled), By Product Type (Floor-Cleaning Robot, Pool-Cleaning Robot, Lawn-Cleaning Robot, Window-Cleaning Robot, and Others), By Application (Residential, Commercial, and Industrial) By Region, Competition Forecast & Opportunities, 2018-2028”, has evaluated the future growth potential of India Cleaning 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 the India Cleaning Robots market.

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Detailed Report on India Energy Management Market Trends 2031

According to the TechSci Research report, “India Energy Management Market – By Region, Competition, Forecast & Opportunities, 2018-2031.” The India Energy Management Market facilitates the efficient use of energy by various entities such as organizations, governments, and commercial/industrial sectors. It enables the adoption of energy-saving technologies without substantial upfront investments. Establishing achievable energy consumption targets, devising action plans, and monitoring outcomes are integral to implementing effective energy management systems. These systems leverage new technologies to minimize energy waste and optimize existing processes for reduced energy consumption.

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India’s “Smart Cities” Mission underscores the need for advanced infrastructure across national cities, necessitating effective energy management and storage solutions. The mission mandates that 80% of buildings in smart cities meet energy efficiency standards and incorporate “green building” principles, with 10% of energy requirements met through solar power. Consequently, the market anticipates rapid growth, driven by a substantial compound annual growth rate (CAGR) throughout the forecast period.

Browse over 96 market data Figures spread through 27 Pages and an in-depth TOC on the “India Energy Management Market.”

The India energy management market is segmented by component into hardware, software, and services. Hardware, including smart meters, sensors, and controllers, dominates with a market share of 53.24% in 2022, and is expected to maintain this dominance. This segment’s growth is fueled by increasing installations in commercial and industrial buildings to monitor and regulate energy consumption. The rise in renewable energy adoption and demand for energy-efficient solutions further bolster the need for energy management systems. IoT-enabled devices and sensors enhance these systems by providing real-time energy consumption data, aiding businesses in identifying optimization opportunities. Leading market players offer integrated energy management solutions encompassing hardware, software, and services, empowering customers to achieve significant energy savings through efficient monitoring and management.

Regionally, the India energy management market is segmented into South India, North India, West India, and East India. South India leads with a market share of 38.54% in 2022 and is expected to maintain its dominance. The region, economically advanced with concentrations of energy-intensive industries like textiles, manufacturing, and IT, increasingly adopts energy management solutions to optimize costs. Legislative initiatives promoting energy efficiency in states like Tamil Nadu, Karnataka, and Andhra Pradesh further drive market expansion. South India’s growing awareness and adoption of renewable energy solutions contribute significantly to the region’s expanding Energy Management System market.

These factors collectively underline the dynamic growth and strategic importance of energy management solutions in India’s evolving industrial landscape.

Key market players in the India Energy Management market include:

Schneider Electric India Pvt. Ltd.
Siemens Limited
ABB India Limited
GE Power India Limited
Emerson Electric Company (India) Private limited
Eaton Power Quality Private Limited (India)
Honeywell International (India) Private Limited
Mitsubishi Corporation India Private Limited
Cisco Systems (India) Private Limited
IBM India Private Limited

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“India Energy Management Market stood at USD 1216.64 million in 2022 and is expected to register a CAGR of 14.91% during 2023E-2031F owing to increasing green building awareness, non-fossil fuel based energy goal, growing smart city program among others. From 2005 to 2050, numerous energy strategies will employ scenarios that will primarily include the adoption of renewable energy sources and investments in energy-saving technology in order to cut CO2 emissions by up to 50%. As of February 2023, India has installed more than 174.53 Giga Watts of renewable energy during the preceding 8.5 years, making about 42.5% of the country’s total capacity (including big hydro). In 2022, India saw the highest year-over-year increase of 9.83% for renewable energy additions. Moreover, the installed solar energy capacity reached 63.3 GW in February 2023, a 24.4-fold increase over the previous nine years. Therefore, the market for energy management across the country is expected to rise during the forecast period, 2024-2031F,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

“India Energy Management Market Segmented By Component (Hardware, Software, Service), By Deployment (On-Premises, Cloud), By End-User (Manufacturing, Residential, Energy & Power, IT & Telecom, Healthcare, Others), By Type (Industrial Energy Management System, Building Energy Management System, Home Energy Management System), By Region, Competition, Forecast & Opportunities, 2031F”, has evaluated the future growth potential of India Energy Management 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 Energy Management market.

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India Structured Cabling Market Outlook: Insights and Forecasts 2028

According to TechSci Research report, “India Structured Cabling Market – By Region, Competition, Forecast & Opportunities, 2018-2028F”, the India Structured Cabling Market is expected to register robust growth during the forecast period 2024-2028. Structured cabling refers to a standardized architecture for organizing and connecting various communications systems within a building or campus, including local area networks (LANs), data centers, security systems, building automation, and audio-visual systems. The demand for structured cabling solutions in India is driven by the growth of industries such as IT, telecommunications, BFSI, healthcare, and retail. These sectors require efficient data management and high-speed internet connectivity, which structured cabling systems facilitate. The India Structured Cabling Market is expected to grow steadily across these sectors in the coming years.

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One of the primary functions of structured cabling is to facilitate the transfer of data between different formats, ensuring standardization, speed adjustment, and safety control. As smart cities and intelligent building management systems gain traction, structured cabling solutions are increasingly adopted to enhance productivity and cost-efficiency in businesses.

The expansion of the construction sector, particularly in emerging economies, contributes significantly to the demand for structured cabling systems. These systems are essential for new construction and infrastructure projects, as well as for the establishment of data centers and cloud computing facilities.

However, the market faces challenges such as high installation and maintenance costs, a shortage of skilled professionals, and low awareness among end-users about the benefits of structured cabling solutions. To address these challenges, government initiatives and industry associations are encouraged to promote the adoption of structured cabling solutions in India.

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The market is segmented by Product Type into Fiber Cable, Copper Cable, and Fiber Components. The fiber optic cable segment is expected to grow at a high CAGR due to advantages such as higher bandwidth, longer distances, and better signal quality compared to traditional copper cables. The demand for copper cables is driven by factors like increased energy consumption and investments in building construction, smart grids, and power transmission systems.

In terms of applications, the market is segmented into LAN and Data Center. The LAN segment dominates the market, driven by the rising demand for high-speed internet connectivity and the adoption of cloud-based services and data centers in India. The data center segment is also poised for significant growth due to increasing demands for data storage and management solutions across BFSI, healthcare, and retail industries.

The market further categorizes Wire Category into Category 5e, Category 6, Category 7, and Category 6a, while End User Industries include Telecommunication, Government, Commercial, and Others. These segments provide a detailed analysis of the varied applications and users driving the structured cabling market in India.

Key market players in the India Structured Cabling Market include:

3C3 India Pvt. Ltd,
TE Connectivity Ltd.,
Schneider Electric India
America Fujikura India Private Limited
LEGRAND INDIA PVT. LTD
Siemen India
Panduit Corp.
ABB INDIA
Belkin India Pvt Ltd
Cisco India Ltd.

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“The use of structured cabling solutions has enabled organizations to efficiently handle vast volumes of information by facilitating quicker and more effective communication and data transfer. This has led to improved productivity and competitiveness in the digital age. In addition, the implementation of structured cabling solutions is beneficial for building smart cities, which are characterized by the integration of cutting-edge technology and digital systems. The adoption of structured cabling solutions in smart cities has resulted in enhanced energy efficiency, security, traffic management, and environmental monitoring. As a result, the lives of residents in such cities have been made more convenient and comfortable. The growth of smart cities and the increasing adoption of structured cabling solutions are among the key drivers of the India structured cabling market. With the numerous benefits that structured cabling solutions offer, including improved communication, data transfer, energy efficiency, security, traffic management, and environmental monitoring, it is expected that the demand for structured cabling solutions will continue to grow in India and globally. The market for structured cabling has also been influenced by the expansion of Internet of Things (IoT), since more and more linked devices necessitate a dependable and expandable infrastructure. As a result, the market has new potential to develop as demand for structured cabling systems keeps rising. In conclusion, structured cabling is changing the world by enhancing data transport and communication, enabling the creation of smart cities, and fostering the expansion of IoT. This, in turn, is advancing society’s general growth and advancement.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

India Structured Cabling Market by Product Type (Copper Cable, Fiber Cable, Fiber Components), By Application (LAN, Data Center), By Wire Category (Category 5e, Category 6, Category 7, Category 6A), By End User (Telecommunication, Government, Commercial, Others), By Region, Competition Forecast & Opportunities, 2028F has assessed the India Structured Cabling 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 Structured Cabling market.

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India Intelligent Transportation System Market Size, Trends & Report 2028

According to TechSci Research report, “India Intelligent Transportation System Market – By Region, Competition Forecast & Opportunities, 2018-2028,” The India Intelligent Transportation System (ITS) market is poised for robust growth from 2024 to 2028. ITS leverages sensing, analysis, control, and communications technologies in ground transportation to enhance safety, mobility, and efficiency. It encompasses diverse applications that analyze and communicate data to reduce congestion, optimize traffic management, minimize environmental impact, and improve transportation benefits for businesses and the public.

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Intelligent Transportation Systems (ITS) are developed to address concerns such as transportation security, emissions, and traffic density, and are widely deployed globally, especially in the United States and Europe. These systems are tailored for highway and tunnel projects, integrating cutting-edge technology and communication channels to meet user demands and infrastructure needs. India is emerging as a promising market as the country upgrades its transportation infrastructure to meet international standards.

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Increasing awareness about enhanced safety mechanisms provided by ITS, ensuring commuter safety and delivering real-time traffic information, is driving its adoption in India. The technology is being systematically deployed across various sites, offering features like accident detection and emergency notifications that ensure timely ambulance arrival within 15 minutes. This expansion presents growth opportunities for leading companies to scale their development, production, and distribution capacities to meet rising demand. Government initiatives such as InTranSE (Collaborative Intelligent Transportation Systems Endeavor for Indian Cities) further bolster the potential for advanced ITS solutions in India, contributing to overall industry expansion.

Explore comprehensive market data and an extensive Table of Contents (TOC) spanning 70 pages on the “India Intelligent Transportation System Market.”

As the number of autonomous and connected vehicles continues to rise, India’s transportation infrastructure is evolving to accommodate future needs. ITS service providers offer expertise in solution design, system planning, implementation, and project execution, aligning with urbanization trends, increasing disposable incomes, and the demand for modern vehicles that simplify the driving experience. This convergence drives the need for well-connected transportation systems, enhanced infrastructure, and improved road safety.

Additionally, upcoming smart city projects, enhanced communication networks, and government initiatives aimed at smart development in India are expected to create new opportunities in the market.

Key market players in the India Intelligent Transportation System Market include:

Tata Group
Siemens India
Urban Mass Transit Company Limited
Schneider Electric India Pvt. Ltd
Urban Mass Transit Company Limited
Mobisoft Infotech LLC
Kent Intelligent Transportation Systems India Pvt Ltd
NEC Corporation India Pvt. Ltd
AUM Infotech Pvt Ltd
ATT India

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During the projected period, Advanced Traffic Management Systems (ATMS) are expected to make a significant contribution to the India Intelligent Transportation System Market. It is mostly due to these systems’ capacities to optimize traffic flow and vehicle mobility, record real-time traffic data via speed sensors and cameras, and take automatic action, among other things. ATM use is rapidly rising across India as a result of these benefits. Furthermore, growing awareness of other benefits such as increased transportation system efficiency, improved safety, increased economic productivity, reduced fuel consumption, and lower environmental costs, among others, are contributing to the growing popularity and utilization of these systems in India. Furthermore, the government’s active engagement is encouraging demand for ATMS, as the National Highways Authority of India (NHAI) performed a test for the ATMS system on the Delhi-Meerut Expressway and the Eastern Peripheral Expressway. As a result, it is creating chances for the industry’s leaders to expand their research, manufacturing, and distribution of these systems for the rising installation throughout roads and motorways.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“India Intelligent Transportation System Market By Type (Advanced Traffic Management System (ATMS), Advanced Traveler Information System (ATIS), Advanced Public Transportation System (APTS), Advanced Transportation Pricing System (ATPS), Others), By Applications (Traffic Monitoring & Management, Freight Management, Public Transport Management, Road Tolling System, Parking Management, Others), By Deployment (On-Premises, Cloud), By Region, Competition Forecast & Opportunities, 2028,” has assessed the India Intelligent Transportation System 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 Intelligent Transportation System Market.

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India Cloud Storage Market Trends, Top Companies, Revenue & Fotreacst 2028

According to TechSci Research report, “India Cloud Storage Market – By Region, Competition Forecast & Opportunities, 2018–2028,” The India Cloud Storage market is poised for substantial growth during the forecast period from 2018 to 2028. Cloud storage refers to the market where data and files are stored and accessed over the internet, rather than on physical hard drives or local servers. This market has witnessed significant expansion as more businesses and individuals adopt cloud storage solutions for their data storage needs. Key players in the cloud storage market include Amazon Web Services (AWS), Microsoft Azure, Google Cloud, IBM Cloud, among others. The India cloud storage market is expected to sustain its upward trajectory as organizations increasingly transition to cloud computing, driven by the escalating volume of data generated that necessitates robust storage solutions.

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The advent of cloud computing has revolutionized the data protection, storage, and backup landscape by offering models that enable businesses to manage, access, and store data on remote cloud servers via the internet. Cloud computing is characterized by high levels of data security and protection, cost efficiency, remote access capabilities, and automated backup processes, all of which are anticipated to spur its adoption across various industries in India. The rising demand for software-defined storage and hybrid cloud solutions has led to the emergence of hyper-converged storage solutions. Additionally, the growing trend towards edge computing is expected to accelerate the adoption of cloud computing, thereby increasing the demand for data storage and backup solutions across different sectors.

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In August 2020, Reliance Jio announced a partnership with Microsoft Corporation India Pvt. Ltd. to introduce Jio’s cloud services leveraging Microsoft Azure’s infrastructure. This collaboration aimed to provide scalable cloud solutions specifically targeted at small and medium enterprises (SMEs) in India. Similarly, Google India Pvt. Ltd. disclosed plans to launch a new cloud region in Delhi-NCR in 2021, enhancing performance, reducing latency, and improving access to Google Cloud Platform services, including cloud storage, for Indian customers. Furthermore, Amazon Internet Services Private Limited (AISPL) outlined its intention to invest USD 2.8 billion in establishing multiple data centers in Hyderabad, India, as part of AWS’s strategy to expand its cloud infrastructure in response to escalating demand for cloud services.

The India Cloud Storage market is segmented into type, deployment mode, by organization size, end user, region and competitive landscape.

The IT and telecom industries have been significantly impacted by the growing popularity of cloud storage, which has caused a spike in cloud spending. While maintaining unified collaboration and communication with a sizable content delivery network, it has decreased administrative and operational costs for the IT and telecom sectors. Furthermore, cloud storage service providers enable telecom sectors to concentrate on core services rather than server updates and maintenance. Cloud, 5G, AI, and digital transformation will be among the top priorities for the IT and telecommunications industries.

Major players operating in India Cloud Storage market include:

Amazon Internet Services Private Limited (AISPL)
Microsoft Corporation India Pvt. Ltd.
IBM India Private Limited
Google India Pvt Ltd
Hewlett Packard Enterprise India Pvt Ltd
Dropbox Inc.
VMware Software India Private Limited
Cisco Systems (India) Private Limited
Oracle India Private Limited
CTRLS Datacenters Ltd

Major companies are developing advanced technologies and launching new solutions to stay competitive in the market. Other competitive strategies include mergers & acquisitions.

The cloud storage market in India is expected to see growth due to increased consolidation through mergers and acquisitions as companies seek to expand their market presence. The government of India has also implemented various initiatives to promote the use of cloud storage, which is expected to drive the market growth in the coming years.

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“The widespread use of connected devices like smartphones and smart speakers is pushing information technology (IT) companies to invest in cloud storage to effectively store the growing amount of data that these devices are producing. Furthermore, the popularity of Over the Top (OTT) content streaming services is rapidly increasing. With an increasing number of customers opting for premium services, OTT service providers are expected to invest in cloud storage to increase the volume of content available on their platforms while lowering operating costs associated with data infrastructure.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“India Cloud Storage Market By Type (Solution and Service), By Deployment Mode (Private, Public and Hybrid), By Organization Size (Large Enterprises and SMEs), By End User (BFSI, IT & Telecom, Retail, Healthcare, and Others), By Region, Competition Forecast and Opportunities, 2018-2028,” has evaluated the future growth potential of India Cloud Storage 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 Storage market.

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