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Latest Research Report on IoT Market in India

IOT MARKET IN INDIA

It is necessary for the industry and other contexts to achieve high production, efficiency, a safe working environment, and minimal carbon emissions. Several firms are focusing their efforts on developing smart solutions for the manufacturing and healthcare industries. The 100 Smart Cities Mission was launched by the Indian government in 2016 and will be finished in 2024. In order to build smart cities, state governments have invested over Rs 2 lakh crore, and another Rs 4.5 lakh crore is planned. The Internet of Things has several uses in smart cities. Among the smart technologies employed in IoT are traffic control, energy harvesting via solar panels on buildings and LED lighting, water conservation via smart metres, etc. With the rollout of 5G networks in our nation, IoT usage is growing. IoT solutions will be essential for home automation, security, and a number of other industrial challenges with 5G connectivity. Every day, thousands of IoT-related jobs are created. By the end of 2022, the Indian government intends to implement 5G in a few places. Many nations, including China, Korea, Japan, and the United States, have already installed 5G networks.


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