Request Free Sample
×
India M2M Communication Market
ID: MRFR/ICT/60660-HCR
200 Pages
August 2025
India M2M Communication Market Research Report: By Application (Telematics, Smart Grids, Healthcare, Industrial Automation, Smart Cities), By Connectivity Technology (Cellular, Satellite, Wi-Fi, Bluetooth, LPWAN), By Type (Hardware, Software, Connectivity Services) andBy End Use (Automotive, Healthcare, Manufacturing, Utilities, Retail)- Forecast to 2035
Industry Developments
The India M2M Communication Market has witnessed significant developments recently, including the growing demand for IoT solutions driven by industries such as automotive, healthcare, and logistics. As of September 2023, Reliance Industries announced advancements in its IoT strategy to enhance its M2M platform, positioning itself as a leader in connectivity solutions. Bharti Airtel launched its smart home solutions in August 2023, showcasing the integration of M2M technologies in consumer applications. In the field of mergers and acquisitions, in September 2023, HCL Technologies announced the acquisition of a software firm focused on M2M solutions to strengthen its service offering, while Tata Communications acquired a leading connectivity provider to bolster its M2M portfolio. Additionally, firms like Qualcomm and Ericsson have been collaborating with local startups to enhance M2M service capabilities. Growth in the market valuation of companies like Vodafone Idea and MTNL has been observed, supported by rising investments in smart city projects across India. Notably, the Indian government has been actively promoting initiatives like Digital India, which significantly impacts the M2M landscape, fostering innovation and expanding operational efficiencies across various sectors.
Report Scope
Report Scope:
| Report Attribute/Metric Source: | Details |
| MARKET SIZE 2018 | 4.9(USD Billion) |
| MARKET SIZE 2024 | 5.5(USD Billion) |
| MARKET SIZE 2035 | 11.5(USD Billion) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 6.935% (2025 - 2035) |
| REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| BASE YEAR | 2024 |
| MARKET FORECAST PERIOD | 2025 - 2035 |
| HISTORICAL DATA | 2019 - 2024 |
| MARKET FORECAST UNITS | USD Billion |
| KEY COMPANIES PROFILED | Cisco Systems, Reliance Industries, Bharti Airtel, MTNL, Vodafone Idea, HCL Technologies, Qualcomm, Samsung Electronics, Ericsson, BSNL, NTT Data, Tata Communications, Tech Mahindra, ZTE Corporation, Huawei Technologies |
| SEGMENTS COVERED | Application, Connectivity Technology, Type, End Use |
| KEY MARKET OPPORTUNITIES | Smart cities and infrastructure development, Industrial IoT adoption across sectors, Enhanced connectivity with 5G rollout, Growth in automotive telematics solutions, Agriculture automation and monitoring systems |
| KEY MARKET DYNAMICS | growing IoT adoption, favorable government initiatives, increasing connectivity solutions, rising demand for automation, improving technological infrastructure |
| COUNTRIES COVERED | India |
FAQs
What is the expected market size of the India M2M Communication Market in 2024?
The India M2M Communication Market is expected to be valued at 5.5 USD Billion in 2024.
What is the projected market value of the India M2M Communication Market by 2035?
By 2035, the India M2M Communication Market is projected to reach a valuation of 11.5 USD Billion.
What is the expected compound annual growth rate (CAGR) of the India M2M Communication Market from 2025 to 2035?
The expected CAGR for the India M2M Communication Market from 2025 to 2035 is 6.935%.
Which application segment is expected to hold the largest market value in 2024?
The telematics application segment is expected to hold the largest market value at 1.5 USD Billion in 2024.
What is the estimated market size for the smart grids application in 2024?
The smart grids application segment is estimated to be valued at 1.0 USD Billion in 2024.
Who are the key players in the India M2M Communication Market?
Major players in the India M2M Communication Market include Cisco Systems, Reliance Industries, Bharti Airtel, and Vodafone Idea, among others.
What will be the anticipated value of the healthcare application in 2035?
The healthcare application is anticipated to reach a value of 1.7 USD Billion by 2035.
How much is the industrial automation segment expected to grow by 2035?
The industrial automation segment is expected to grow to a value of 2.1 USD Billion by 2035.
What are the growth opportunities in the India M2M Communication Market?
Growth opportunities exist in the form of increased adoption in sectors like smart cities and healthcare.
How much will the smart cities application be worth in 2035?
The smart cities application is projected to be valued at 2.0 USD Billion by 2035.
Download Free Sample
Kindly complete the form below to receive a free sample of this Report
Customer Stories
“This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job”
Noah Malgeri
Co-Founder
“Thanks. It’s been a pleasure working with you, please use me as reference with any other Intel employees.”
Joseph Aguayo
Sales Operations & Pricing Manager
“Thanks for sending the report it gives us a good global view of the Betaïne market.”
Peter Groot koerkamp
Account and Business Manager
“Thank you, this will be very helpful for OQS.”
La Terria Dodd
Program Support Specialist
“We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.”
Younghwan Choi
Senior Retail Manager
“I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.”
Mark Irwin
Management Consultant
“I have been reading the first document or the study, ,the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!”
Rob Kooiker
Group Product Manager HVAC & Fire Protection GMA
“We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.”
Akif Moroglu
Strategy & Business Development Director
Case Study
Aerospace & Defense
Leave a Comment