India Connected Device Analytics Market (2025-2031) Outlook | Forecast, Trends, Companies, Share, Value, Revenue, Analysis, Size, Industry & Growth

Market Forecast By Application (Security and Emergency Management, Sales and Customer Management, Remote Monitoring, Predictive Maintenance and Asset Management, Inventory Management, Energy Management, Building Automation, Others), By Component (Solutions, Services), By Deployment Mode (Cloud, On-premises), By Industry Vertical (Manufacturing, Transportation and Logistics, Energy and Utilities, Retail and eCommerce, BFSI, Healthcare and Life Sciences, Government and Defense, Others), By Organization Size (Large Enterprises, Small and Medium-sized Enterprises (SMEs)) And Competitive Landscape
Product Code: ETC4397125 Publication Date: Jul 2023 Updated Date: Aug 2025 Product Type: Report
Publisher: 6Wresearch Author: Ravi Bhandari No. of Pages: 85 No. of Figures: 45 No. of Tables: 25

India Connected Device Analytics Market Overview

With the proliferation of IoT devices, the connected device analytics market in India has witnessed significant growth. These analytics solutions help organizations collect, process, and analyze data generated by connected devices. This data is valuable for improving operational efficiency, predicting maintenance needs, and creating innovative products and services.

Drivers of the Market

The India Connected Device Analytics market is experiencing substantial growth driven by various factors. Firstly, the proliferation of IoT (Internet of Things) devices across industries, including manufacturing, healthcare, transportation, and smart cities, has generated an enormous amount of data. Organizations are increasingly realizing the potential of connected device analytics to extract valuable insights from this data, enhance operations, and improve decision-making. Secondly, the need for predictive maintenance in industries such as manufacturing and energy has led to the adoption of connected device analytics to monitor equipment and prevent breakdowns. Thirdly, the increasing importance of real-time data analysis in various applications, such as remote patient monitoring in healthcare and smart infrastructure management in cities, has led to the growth of connected device analytics. Furthermore, the government`s initiatives to promote `Make in India` and `Smart Cities` have driven the adoption of IoT and connected devices, further fueling the demand for analytics solutions. As IoT adoption continues to grow, the India Connected Device Analytics market is poised for significant expansion.

Challenges of the Market

Challenges in the Connected Device Analytics market include handling vast amounts of data generated by IoT devices, ensuring data quality, and managing the security of connected devices. Scalability and interoperability are also important issues.

COVID-19 Impact on the Market

The COVID-19 pandemic emphasized the importance of connected device analytics in India. With the increasing use of IoT devices in healthcare, manufacturing, and other industries, businesses needed to monitor and analyze data from these devices in real time. Connected device analytics played a critical role in predictive maintenance, remote monitoring, and improving operational efficiency. As the adoption of IoT devices continues to grow, the India connected device analytics market is expected to remain relevant, with a focus on harnessing the power of IoT data.

Key Players in the Market

In the India Connected Device Analytics market, key players have been at the forefront of providing analytics solutions to extract insights from the growing ecosystem of connected devices. Notable companies such as SAS Institute Inc., Splunk Inc., IBM Corporation, and Microsoft Corporation have demonstrated their expertise in harnessing data generated by IoT devices. Their solutions enable organizations in India to derive valuable information from the interconnected world of devices, optimizing operations, and driving innovation in various industries.

Key Highlights of the Report:

  • India Connected Device Analytics Market Outlook
  • Market Size of India Connected Device Analytics Market, 2024
  • Forecast of India Connected Device Analytics Market, 2031
  • Historical Data and Forecast of India Connected Device Analytics Revenues & Volume for the Period 2021-2031
  • India Connected Device Analytics Market Trend Evolution
  • India Connected Device Analytics Market Drivers and Challenges
  • India Connected Device Analytics Price Trends
  • India Connected Device Analytics Porter's Five Forces
  • India Connected Device Analytics Industry Life Cycle
  • Historical Data and Forecast of India Connected Device Analytics Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of India Connected Device Analytics Market Revenues & Volume By Security and Emergency Management for the Period 2021-2031
  • Historical Data and Forecast of India Connected Device Analytics Market Revenues & Volume By Sales and Customer Management for the Period 2021-2031
  • Historical Data and Forecast of India Connected Device Analytics Market Revenues & Volume By Remote Monitoring for the Period 2021-2031
  • Historical Data and Forecast of India Connected Device Analytics Market Revenues & Volume By Predictive Maintenance and Asset Management for the Period 2021-2031
  • Historical Data and Forecast of India Connected Device Analytics Market Revenues & Volume By Inventory Management for the Period 2021-2031
  • Historical Data and Forecast of India Connected Device Analytics Market Revenues & Volume By Energy Management for the Period 2021-2031
  • Historical Data and Forecast of India Connected Device Analytics Market Revenues & Volume By Building Automation for the Period 2021-2031
  • Historical Data and Forecast of India Security and Emergency Management Connected Device Analytics Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of India Connected Device Analytics Market Revenues & Volume By Component for the Period 2021-2031
  • Historical Data and Forecast of India Connected Device Analytics Market Revenues & Volume By Solutions for the Period 2021-2031
  • Historical Data and Forecast of India Connected Device Analytics Market Revenues & Volume By Services for the Period 2021-2031
  • Historical Data and Forecast of India Connected Device Analytics Market Revenues & Volume By Deployment Mode for the Period 2021-2031
  • Historical Data and Forecast of India Connected Device Analytics Market Revenues & Volume By Cloud for the Period 2021-2031
  • Historical Data and Forecast of India Connected Device Analytics Market Revenues & Volume By On-premises for the Period 2021-2031
  • Historical Data and Forecast of India Connected Device Analytics Market Revenues & Volume By Industry Vertical for the Period 2021-2031
  • Historical Data and Forecast of India Connected Device Analytics Market Revenues & Volume By Manufacturing for the Period 2021-2031
  • Historical Data and Forecast of India Connected Device Analytics Market Revenues & Volume By Transportation and Logistics for the Period 2021-2031
  • Historical Data and Forecast of India Connected Device Analytics Market Revenues & Volume By Energy and Utilities for the Period 2021-2031
  • Historical Data and Forecast of India Connected Device Analytics Market Revenues & Volume By Retail and eCommerce for the Period 2021-2031
  • Historical Data and Forecast of India Connected Device Analytics Market Revenues & Volume By BFSI for the Period 2021-2031
  • Historical Data and Forecast of India Connected Device Analytics Market Revenues & Volume By Healthcare and Life Sciences for the Period 2021-2031
  • Historical Data and Forecast of India Connected Device Analytics Market Revenues & Volume By Government and Defense for the Period 2021-2031
  • Historical Data and Forecast of India Connected Device Analytics Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of India Connected Device Analytics Market Revenues & Volume By Organization Size for the Period 2021-2031
  • Historical Data and Forecast of India Connected Device Analytics Market Revenues & Volume By Large Enterprises for the Period 2021-2031
  • Historical Data and Forecast of India Connected Device Analytics Market Revenues & Volume By Small and Medium-sized Enterprises (SMEs) for the Period 2021-2031
  • India Connected Device Analytics Import Export Trade Statistics
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By Component
  • Market Opportunity Assessment By Deployment Mode
  • Market Opportunity Assessment By Industry Vertical
  • Market Opportunity Assessment By Organization Size
  • India Connected Device Analytics Top Companies Market Share
  • India Connected Device Analytics Competitive Benchmarking By Technical and Operational Parameters
  • India Connected Device Analytics Company Profiles
  • India Connected Device Analytics Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the India Connected Device Analytics Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the India Connected Device Analytics Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 India Connected Device Analytics Market Overview

3.1 India Country Macro Economic Indicators

3.2 India Connected Device Analytics Market Revenues & Volume, 2021 & 2031F

3.3 India Connected Device Analytics Market - Industry Life Cycle

3.4 India Connected Device Analytics Market - Porter's Five Forces

3.5 India Connected Device Analytics Market Revenues & Volume Share, By Application , 2021 & 2031F

3.6 India Connected Device Analytics Market Revenues & Volume Share, By Component, 2021 & 2031F

3.7 India Connected Device Analytics Market Revenues & Volume Share, By Deployment Mode, 2021 & 2031F

3.8 India Connected Device Analytics Market Revenues & Volume Share, By Industry Vertical, 2021 & 2031F

3.9 India Connected Device Analytics Market Revenues & Volume Share, By Organization Size, 2021 & 2031F

4 India Connected Device Analytics Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing adoption of IoT devices in various industries

4.2.2 Growing demand for real-time data analytics and insights

4.2.3 Government initiatives promoting digital transformation and smart city projects

4.3 Market Restraints

4.3.1 Data privacy and security concerns hindering widespread adoption

4.3.2 Lack of skilled professionals in the field of data analytics

4.3.3 High initial investment and maintenance costs for implementing connected device analytics solutions

5 India Connected Device Analytics Market Trends

6 India Connected Device Analytics Market, By Types

6.1 India Connected Device Analytics Market, By Application

6.1.1 Overview and Analysis

6.1.2 India Connected Device Analytics Market Revenues & Volume, By Application , 2021-2031F

6.1.3 India Connected Device Analytics Market Revenues & Volume, By Security and Emergency Management, 2021-2031F

6.1.4 India Connected Device Analytics Market Revenues & Volume, By Sales and Customer Management, 2021-2031F

6.1.5 India Connected Device Analytics Market Revenues & Volume, By Remote Monitoring, 2021-2031F

6.1.6 India Connected Device Analytics Market Revenues & Volume, By Predictive Maintenance and Asset Management, 2021-2031F

6.1.7 India Connected Device Analytics Market Revenues & Volume, By Inventory Management, 2021-2031F

6.1.8 India Connected Device Analytics Market Revenues & Volume, By Energy Management, 2021-2031F

6.1.9 India Connected Device Analytics Market Revenues & Volume, By Others , 2021-2031F

6.1.10 India Connected Device Analytics Market Revenues & Volume, By Others , 2021-2031F

6.2 India Connected Device Analytics Market, By Component

6.2.1 Overview and Analysis

6.2.2 India Connected Device Analytics Market Revenues & Volume, By Solutions, 2021-2031F

6.2.3 India Connected Device Analytics Market Revenues & Volume, By Services, 2021-2031F

6.3 India Connected Device Analytics Market, By Deployment Mode

6.3.1 Overview and Analysis

6.3.2 India Connected Device Analytics Market Revenues & Volume, By Cloud, 2021-2031F

6.3.3 India Connected Device Analytics Market Revenues & Volume, By On-premises, 2021-2031F

6.4 India Connected Device Analytics Market, By Industry Vertical

6.4.1 Overview and Analysis

6.4.2 India Connected Device Analytics Market Revenues & Volume, By Manufacturing, 2021-2031F

6.4.3 India Connected Device Analytics Market Revenues & Volume, By Transportation and Logistics, 2021-2031F

6.4.4 India Connected Device Analytics Market Revenues & Volume, By Energy and Utilities, 2021-2031F

6.4.5 India Connected Device Analytics Market Revenues & Volume, By Retail and eCommerce, 2021-2031F

6.4.6 India Connected Device Analytics Market Revenues & Volume, By BFSI, 2021-2031F

6.4.7 India Connected Device Analytics Market Revenues & Volume, By Healthcare and Life Sciences, 2021-2031F

6.4.8 India Connected Device Analytics Market Revenues & Volume, By Others, 2021-2031F

6.4.9 India Connected Device Analytics Market Revenues & Volume, By Others, 2021-2031F

6.5 India Connected Device Analytics Market, By Organization Size

6.5.1 Overview and Analysis

6.5.2 India Connected Device Analytics Market Revenues & Volume, By Large Enterprises, 2021-2031F

6.5.3 India Connected Device Analytics Market Revenues & Volume, By Small and Medium-sized Enterprises (SMEs), 2021-2031F

7 India Connected Device Analytics Market Import-Export Trade Statistics

7.1 India Connected Device Analytics Market Export to Major Countries

7.2 India Connected Device Analytics Market Imports from Major Countries

8 India Connected Device Analytics Market Key Performance Indicators

8.1 Average number of connected devices per capita in India

8.2 Percentage increase in IoT device shipments annually

8.3 Rate of adoption of advanced analytics tools by businesses in India

8.4 Number of IoT-related patents filed by Indian companies

8.5 Growth in the number of analytics training programs and certifications offered in India

9 India Connected Device Analytics Market - Opportunity Assessment

9.1 India Connected Device Analytics Market Opportunity Assessment, By Application , 2021 & 2031F

9.2 India Connected Device Analytics Market Opportunity Assessment, By Component, 2021 & 2031F

9.3 India Connected Device Analytics Market Opportunity Assessment, By Deployment Mode, 2021 & 2031F

9.4 India Connected Device Analytics Market Opportunity Assessment, By Industry Vertical, 2021 & 2031F

9.5 India Connected Device Analytics Market Opportunity Assessment, By Organization Size, 2021 & 2031F

10 India Connected Device Analytics Market - Competitive Landscape

10.1 India Connected Device Analytics Market Revenue Share, By Companies, 2024

10.2 India Connected Device Analytics Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Export potential assessment - trade Analytics for 2030

Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.

By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.

To discover high-growth global markets and optimize your business strategy:

Click Here
Pricing
  • Single User License
    $ 1,995
  • Department License
    $ 2,400
  • Site License
    $ 3,120
  • Global License
    $ 3,795
6Wresearch Support

Any Query

Call: +91-11-4302-4305
Email us: sales@6wresearch.com
Any Query? Click Here

Thought Leadership and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Related Reports

Industry Events and Analyst Meet

Whitepaper

Read All