Bharti Airtel says leads India’s cellular IoT space with 45.5% market share

NEW DELHI: Telecom services provider Bharti Airtel said that it has become the market leader in the fast-growing Cellular Internet of Things (IoT) space with a market share of 45.5%, citing Frost & Sullivan’s latest Enterprise Mobile Services Report Q4 FY 2020-21 (January 2021 – March 2021).

“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,” said Abhinav Kumar, Consultant, Information and Communication Technology (ICT) Practice, Frost & Sullivan.