Mobile phone operators in India will be betting on Internet of Things (IoT) as a future revenue generator beyond the traditional voice and data services. “IoT is expected to contribute substantially to telco revenues.
The IoT market in India is expected to increase from $21.1 billion in 2016 to $34.5 billion by 2020 at a CAGR of 13.1%, as per data shared by IDC.
This growing IoT market — to be an IoT enabler, IoT provider or network provider Telcos are already well-equipped to play a major role in IoT proliferation in the country but to facilitate the delivery of IoT solutions in India, there’s a need for partner-ecosystem to be formed where partnerships can be formed for device, analytics, equipment, data management, etc.,
25 brilliant Israeli tech companies to watch for.
From medical devices to clean technologies, Israeli companies unleash a host of
unique products. Pioneering high-tech, smart mobility solutions and drone technologies The ecosystem in mobility is led by Israeli companies such as Mobileye and a number of Israeli companies active in shared driving, like Via and Gett. We see many car manufacturers visiting Israel to discover technologies for connected cars and autonomous cars. The interest shown around the world for Israeli technologies just continues to grow, Augmented Reality (AR) and Fintech are also hot sectors for Israel. Israel has about 430 financial technology companies developing products for digital banking and payments, capital markets, big-data analytics, blockchain (cryptocurrency), IoT, compliance and anti-fraud.
Israeli companies excel in providing cutting edge technologies and enhance R&D services. Companies in India can benefit from the advanced Israel technology.
Relevant companies, interested to learn more on potential collaboration are invited to contact the Economic and Trade Department at the Israeli Consulate General in Bengaluru.
For further queries, contact : Kavitha Saravanan, Trade Officer, Bengaluru.
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