IoT Market Size in India | Industry Trends & Growth Insights 2025

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Code: MTA10229

Publication Date: Oct 2025

What is the growth rate of the India IoT Market?

According to 6Wresearch internal database and industry insights, the India IoT Market is expected to grow at a CAGR of 12.4% during 2025-2031.

The main reasons for this growth are the rising adoption of smart devices, accelerated digital transformation, growing cloud infrastructure, and more attention on automation across manufacturing and industry, healthcare, transport and other sectors.

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Growth Factors for India IoT Industry

Expansion of smart city projects is resulting in a greater drive for IoT adoption for public infrastructure.
Rising demand for industrial automation and related connected manufacturing systems.
Increasing penetration of affordable smartphones and high-speed internet access.
Government initiatives such as “Digital India” highlight the integration of IoT across the sectors.
Growth of data analytics, aiding efficiency and insights from IoT, with applications such as AI.

India IoT Market Trends

India IoT Market trends show a strong acceleration in connectivity-led solutions across diverse sectors and industries. India is now rapidly adopting smart homes, connected vehicles, and industrial IoT applications due to digital readiness across villages and towns in India. Predictive maintenance and automation are changing the landscape in factories and productivity in the manufacturing industry, and smart, real-time data solutions are revolutionising agriculture and healthcare. The growing use of edge computing and 5G technologies is catalysing further innovation and growth in IoT and related deployments.

Emerging Developments in the India IoT Market

The India IoT Market developments are driven by new collaborations between technology providers and enterprises for customized IoT solutions. Cloud-based IoT platforms are expanding rapidly, offering real-time analytics and device management. Companies are introducing innovative IoT-based smart metering, logistics tracking, and remote healthcare systems. The adoption of AI and ML for advanced IoT analytics is increasing, while the focus on cybersecurity and data privacy continues to shape the market’s evolving regulatory framework.