Posted August 2nd, 2021 for Airtel
As per Frost & Sullivan’s Mobile Services Report Q4 FY21, Airtel IoT had the highest revenue share of 45.5% in the Enterprise M2M (Machine to Machine) category
New Delhi, 02 August, 2021: Bharti Airtel (“Airtel”), India’s premier communications solutions provider, has become the market leader in India’s fast-growing Enterprise IoT segment as per Frost & Sullivan.
“Internet of things (IoT) technology is enabling enterprises to become intelligent and data-driven. With the key partnerships, innovative IoT platforms, and consultative approach, IoT providers are helping enterprises to adopt IoT solutions. The Indian IoT market is expected to grow at a CAGR of 8.8% moving from CY 2020 TO CY 2023. As per Frost & Sullivan's latest Enterprise Mobile Services Report Q4 FY 2020-21 (January 2021 – March 2021), Airtel is the market leader in the Cellular IoT space holding a 45.5% market share. " said Abhinav Kumar, Consultant, Information and Communication Technology (ICT) Practice, Frost & Sullivan