According to a new report, in a hyperconnected India, the Internet of Things could reach about 2 billion connections, generating revenues of $ 11.1 billion by 2022.
“As we move rapidly to India 2022, it is estimated that 5 new mobile connections per second will join the Internet, with nearly 50% of households likely to be connected via fixed broadband,” said the joint study. Assocham. -ey
According to the study, connectivity will go beyond the simple connection of billions of devices, vehicles, devices and machines, believing that in a hyper-connected India, the Internet of Things (IoT) could potentially reach 2,000 million connections and unlock revenue of 11.1 billion USD in 2022.
The joint report points out that while India’s potential is enormous, this promising market is currently lagging behind the United States. United States, China and South Korea in terms of fiber optic connectivity.
The fiber in the pylons is crucial in India, he said, adding that only 25% of telecommunications towers in India were fiber optic, while their corresponding share in the United States. The United States, China and Korea account for about 65-80%.
Nearly 60 percent of the towers will need to be consolidated by 2022, as outlined in the 2018 Digital Communications Policy (PNDC), says the study, “Stimulating India to a $ 1 trillion digital economy”.
As the demand for 4G, then 5G, increases, the networks will become “denser and deeper”, which makes fiberization imperative, he said.
“The emergence of new technologies is programmed to multiply data consumption, which requires the installation of several towers.Moreover, a million telecommunication towers will be needed to meet the growing demand for data across the country” , did he declare.
The study also highlighted the need to upgrade the backhaul networks and optical fiber of at least 60% of the mobile towers to support the 5G ecosystem.
He said that fiber-for-home or FTTH should account for the majority of fixed broadband connections by 2022, thus contributing to the Government’s goal of covering 50% of households.
Key recommendations from the report include faster approval and ROW rationalization costs to facilitate the ease of installation of telecommunications infrastructure; availability of an adequate return spectrum (bands E and V); and incentives for the deployment and exchange of telecommunications infrastructure.
The report also highlights the need to create a common policy to implement the telecommunication infrastructure.
P Balaji, chairman of the National Council of Telecommunication and Convergence Assocham, commented the report, while revealing the potential of the IoT to reach 2 billion connections with revenues of 11.1 billion USD from here 2022. He also suggested streamlining licensing fees, taxes and levies to promote investment and reinvigorate financial health in order to take advantage of emerging technologies.