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Strategic Intelligence: India Tech

Publisher GlobalData
Published Oct 01, 2024
Length 63 Pages
SKU # GBDT19273920

Description

Strategic Intelligence: India Tech


Summary

At $3.9 trillion, India is currently the world’s fifth-largest economy by GDP and, according to the International Monetary Fund (IMF), is the fastest-growing economy among the G20. The UN estimates India has also surpassed China as the world’s most populous country. India could have a working-age population of over 800 million by 2035, which is why many global fund managers see it as the world’s coming economic superpower.

Key Highlights
  • The Indian government has bolstered the digital ecosystem by courting foreign investment and introducing digitalization policies. Indians are now more connected than ever before. According to GlobalData, 55% of the Indian population have a smartphone in 2024, and penetration is expected to increase to 62% by 2029. The Indian IT and telecom service companies are the flag-bearers for the country’s tech, media, and telecom (TMT) sector and have grown as large as their global counterparts.
  • Around 65% of India’s population live rurally, many in areas lacking basic amenities (drinking water, sanitation, and electricity). The public and private sectors suffer from governance issues, and there is a lack of in-house tech manufacturing capability. Nonetheless, the country has become a tech powerhouse thanks to government support and private investment. An increasingly prosperous and connected India will help it to become a technological superpower in the coming decade.
Scope
  • This report looks at the current state of India’s tech, media, and telecom (TMT) sector and its tech-driven automotive sector.
  • It analyzes 12 key drivers of India's tech sector: semiconductors, consumer electronics, electric vehicles, solar panels, space technology, gaming, IT services, digital payments, ecommerce, social media, music, film, and TV, and telecom services.
  • There are market forecasts for each of these segments, and analysis of the leading companies.
Reasons to Buy
  • India is an increasingly important market for TMT companies. This report provides invaluable insight into this potentially lucrative theme, including details of the leading companies and market forecasts for fast-growing segments like ecommerce, mobile payments, and video streaming.

Table of Contents

63 Pages
Executive Summary
Players
Trends
India's Tech Drivers
Timeline
Signals
Companies
Sector Scorecard
Glossary
Further Reading
Thematic Research Methodology

Pricing

Currency Rates
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