EventsInternet Of ThingsNews/PR

Get ready to experience the IoT wave at the 2nd Internet of Things India Expo 2018

2 Mins read

The 2nd Internet of Things India Expo 2018 is all set to kickstart between 07-09 March 2018 at Pragati Maidan, New Delhi, India.

Internet of things is growing at an unpredictable rate, as is evident from the stats below:

  • IoT market will grow from an installed base of 15.4 billion devices in 2015 to 30.7 billion devices in 2020 and 75.4 billion in 2025.
  • Global spending on IoT technology-based products and services by enterprises is predicted to reach $120 billion in 2016, growing to $253 billion in 2021, attaining a 16% CAGR.
  • The IoT technology is estimated to have a total economic impact of up to $11 trillion by 2025.

Especially in terms of Indian market,

  • IoT market in India is projected to grow at a CAGR of more than 28% during 2015 – 2020.
  • The government has taken initiative and framed a draft policy to fulfill a vision of developing a connected, secure and a smart system based on our country’s needs. Government’s objective is to create an IoT industry in India of $ 15 billion by 2020.
  • The government has taken initiative and framed a draft policy to fulfill a vision of developing a connected, secure and a smart system based on our country’s needs. Government’s objective is to create an IoT industry in India of $ 15 billion by 2020.

So, IoT is acting as the next wave of industrial revolution that is not only crucial to the Information Technology industry but also government, businesses and consumers of all the sectors. This include agriculture, automation, manufacturing, consumer electronics, healthcare, energy and utilities, infrastructure etc.

The three-day conference in Delhi will focus on the IoT ecosystem, along with governing bodies, software, hardware and services. This year, the conference will have a special focus on Artificial Intelligence, AR, VR, Robotics and Wearable technology and their impact on various sectors.

The IoT infrastructure can play a significant role in the development of Digital India. The building of smart cities, smart wearables, smart infrastructure and connected devices will help consumers experience the power of internet beyond mobile and desktop devices.

The event will have insightful IoT workshops – Konecthingz on Blockchain, Wearable, Smart Home, Mobility, Augmented Reality and Smart Agriculture.

The list of speakers includes eminent personalities like Neeraj Athalye, Head, Leonardo Business SAP Indian subcontinent, Dr. Rishi Mohan Bhatnagar, President, Aeris India, Barun Lala – Director, Industry Vertical Sales, HPE, Damodar Sahu, Consulting Partner & Head – IoT Digital, Wipro Limited and others.

The sessions will help attendees gain deep insights on using IoT applications and integrating them in real life business scenarios.

The event Is supported by Department of Science & Technology, Ministry of Science & Technology, Ministry of Electronics & Information Technology and Ministry of Skill Development & Entrepreneurship, Government of India.

The first edition of the Internet of Things India Expo was a huge success that witnessed an august gathering of professionals from the healthcare, mobility, agriculture, architecture, legal, telecom and Industrial sectors.

Stay tuned to get the latest updates on the event.

Leave a Reply

Your email address will not be published. Required fields are marked *

× 8 = 24