- Veröffentlicht: 10. Januar 2017
Government initiatives and the involvement of research and development, the academe, start-ups and enterprises are driving an innovation boom in India and communication technology is acting as a backbone for the digitization process in India, according to research firm Frost & Sullivan.
“Current government programs, adoption of digitization, and developments in mobile payment applications and m-services are ripe to change the country’s information communication and technology (ICT) landscape,” said TechVision Industry Analyst Swapnadeep Nayak.
“India’s global position in manufacturing, healthcare, information and communication and agricultural sector will witness a boost in the coming years,” he added.
Frost & Sullivan’s research report, “ICT Technologies Driving Digital India,” highlights the impact of digitization in India and explores key enabling technologies and their convergence prospects.
The report noted that current technology trends and developments transforming the market include mobile broadband, which could be the main catalyst behind binding rural and urban India. Mobile app downloads in the country are expected to reach 10 billion by 2020. Key mobile-based industries such as mobile banking and e-governance would benefit as a result.
Online retail is also projected to be one of the fastest growing industries, with a market potential of $35.08 billion by 2025, accounting for nearly 4 percent of total retail. Meanwhile, smartphone applications are encouraging the use of applications such as mobile payment, m-health, m-governance, and m-commerce.
Lastly, information technology (IT), primarily driven by IT services, is becoming one of the major contributors of gross domestic product (GDP). Due to strong adoption among small and medium organizations, cloud computing through Infrastructure as a Service (IaaS) will increase.
“Digitization can only be realized through proper implementation of strategies backed by the government and technology developers,” Nayak noted. “Revamping and restructuring policies, as well as skill-set development, are crucial to facilitate the adoption of new services.”
Quelle/Source: Enterprise Innovation, 04.01.2017