Objective and Scope:
The client, a global consulting firm, wanted Benori to support in writing a report on the potential of the Internet of Things (IoT) and NarrowBand-Internet of Things (NB-IoT) market in India, along with a global perspective. The report included:
- IoT market size and structure, growth, opportunities, and use-cases with a focus on NB-IoT
- Factors and potential for NB-IoT in the Indian context
Approach:
We conducted extensive secondary research to understand and analyze the digital transformation agenda, highlighting spending priorities, especially around digitalization, an overview of the IoT market, and the opportunities and growth prospects. We mapped the digital enterprise market, capturing the IoT stack, use cases, and connectivity technologies, along with their comparisons. Following this, we conducted extensive research on NB-IoT, its technical details, the benefits of using it, and global use cases. Also, we provided a detailed perspective on the NB-IoT market in India, including factors such as demand, scalability, key players, and current and future use cases.
Impact:
The report helped the client with the following:
- Understanding the market and dynamics of NB-IoT in India, its demand and trends, and adoption by various industry sectors
- Identifying key players, their strategies and plans of incorporating the technology in various application and usage
