• IoT is also expected to make a big transformation in several areas, such as re-delivery. Major electronics manufacturers’ such as Samsung and LG are introducing devices, like a connected refrigerator, that can automatically reorder milk, cheese, or any other low-level product.

Significant advancements in telecommunications and the increasing penetration of internet and broadband services have further fuelled the growth of IoT Industry. Also the use of e-commerce platforms is increasing rapidly due to the ease of purchase and the growing penetration of smartphones in the market, which is likely to drive the market. The growing need for data analytics and analytics integration is expected to drive IoT market during the forecast period – as per the Study.

There is no doubt about the value the IoT has unlocked so far and its potential to change lives. India too is rapidly growing as an IoT hub. Rise of the tech-savvy consumer along with increasing smartphone and mobile Internet penetration is driving consumer IoT applications in the Indian market. With this increased revenue comes a number of new ways for businesses to leverage IoT technology. Business opportunities in the B2B IoT space can be seen in the emerging technologies are : Voice-Powered Technologies, Retail Data Tracking And Analysis, Cybersecurity, Internet Telephony, Real Estate, Patient Health Monitoring, Virtual Medical Care, Inventory Management and many more.

Key Take-aways :

• Strategic Alliance, Joint Ventures, export Market Outreach
• Connect with over 1000+ Global Buyers from major Markets
• Business Networking
• Strengthen Band Equity
• Business Development, Marketing Tie-ups

The event is proposed to be co-located with the 23rd edition of INDIASOFT 2023, 30th edition of Convergence India & India Electronics Expo. The complimentary shows will bring tremendous synergy for exhibitors as well as visitors opening multiple new business opportunities featuring on :

• Networking, exchanging ideas and building business alliances;
• 500+ hosted buyers from 60+ countries including developed economies like US, Canada, Europe, UK, Japan, Republic of Korea;
• New Products Launch Pad
• Presence of large number of institutional & domestic buyers during Convergence of all events (IIoTW, INDEE,  Indiasoft & Convergence ) spread out in over 11000 sqm area.
• Focused Conferences with participation of Senior policy makers and leading industry experts including several international speakers.