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Internet-Of-things

Ankur Shiv Bhandari, MD, Asbicon Group shares his views on ‘IoT (Internet of Things) Market in India’ for India Retail Report

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Ankur Shiv Bhandari, Managing Director, Asbicon Group shares his views on ‘IoT (Internet of Things) Market in India’ for India Retail Report 2017-18, which was released at India Retail Forum.

The category is undergoing a radical increase currently globally and is also expected to impact the Indian market heavily in the times to come. The number of units under Internet of Things (IoT) in India, is expected to grow exponentially to 1.9 billion units by 2020 or about $9 billion, says a report. A rapidly growing hub for IoT solutions development, the country’s IoT market size in this area is expected to increase about 7 times—from $1.3 billion last year to $9 billion by 2020…

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Earlier in the year, Asbicon launched its proprietary and trademarked methodology “GAIN and WIN” focused on helping deliver the growth aspirations of organisations and individuals in the Consumer Goods and Services sector through Winning in Sales and with Shoppers. The methodology streamlines and structures the efforts to acquire & retain customers or product listings.

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(Asbicon is a Consumer Goods & Services specialist firm focused on “Delivering Growth Aspirations” of Aspiring Brands. Asbicon enables this through its 5 verticals of Capability Development, Dezign services, Assisted Advisory®, Research & Data services providing Retail & Distribution effectiveness to its clients)