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Technology Enabled Growth and Opportunities in India

  • Report

  • 46 Pages
  • October 2020
  • Region: India
  • Frost & Sullivan
  • ID: 5187582

Emerging Technologies: India’s Opportunity to Leapfrog in the Digital Realm

Emerging digital technologies continue to permeate every aspect of businesses and society at large. COVID-19 will have a far-reaching effect on business communities globally. However, this crisis is seen as an inflection point in the drive toward digitization and adoption of emerging technologies across businesses globally. The connected, digital economy is helping enterprises, employees, and consumers remain engaged and do business, even as the pandemic continues to threaten industries globally.

India’s digital divide is shrinking fast and India is noted to be among the top three global economies in terms of the number of digital consumers. India has also witnessed progress in terms of digital competitiveness. Per industry estimates, India is poised to become a country with a billion digital users by 2030. However, for India to reap full benefits of digitization, the role of emerging technologies, their adoption and convergence will remain critical.

This research service explores the impact of digitization and emerging growth opportunities in India. The report also highlights the key enabling technologies that remain core to India’s digital ecosystem, various initiatives undertaken through public and private partnerships in the region and success stories.

In brief, this research service provides the following:

  • A brief snapshot of the macroeconomic growth opportunities in India
  • Digitization efforts in India and steps towards being a self-reliant economy
  • Key Information and Communication technologies facilitating digitization in India
  • Various tech initiatives from the Government of India supporting their adoption and growth
  • Key participants thriving in the digital world
  • Key Insights on Growth Opportunities in India

Table of Contents

Strategic Imperatives

  • The Strategic Imperative 8
  • The Impact of the Top Three Strategic Imperatives on Growth Opportunities in India
  • About the Growth Pipeline Engine
  • Growth Opportunities Fuel the Growth Pipeline Engine

1.0 Executive Summary
1.1 Research Scope
1.2 Research Methodology
1.3 Research Methodology Explained

2.0 Economic Outlook: India
2.1 Macro Economic Growth Opportunities in India

3.0 Digital: Empowering India
3.1 Enabling a Digitally Empowered Society
3.2 Atmanirbhar Bharat Abhiyan Is India’s First Step Towards Becoming Digitally Self Reliant
3.3 Building a Self Reliant Startup Ecosystem
3.4 India’s Digital Achievements are now being Emulated Across Borders
3.5 Covid-19 Has Widened the Digital India Vision

4.0 Role of Emerging Technologies
4.1 Emerging Technologies Powering Digital Self Reliance
4.2 NITI Aayog is Driving AI Implementation in Critical Areas Such as Health and Agriculture
4.3 Examples for Key AI Initiatives in India
4.4 Blockchain to Emerge as the Future of Digital Transactions in India
4.5 Examples for Key Blockchain Initiatives in India
4.6 Rising Demand for AR in Education and Training
4.7 Examples for AR/VR, 3D Printing and IoT Initiatives in India
4.8 Other Technologies Driving Digitization Efforts in India
4.9 Despite Pandemic, 2020 has Witnessed Active Fund-Raising. Edtech and Foodtech Bags Key Wins

5.0 Companies to Action
5.1 Digit Insurance
5.2 Flock
5.3 MyGate
5.4 Saankhya Labs

6.0 Growth opportunities
6.1 GROWTH OPPORTUNITY 1: Driving an Innovation-first Culture Through Building Digital Ecosystems
6.2 GROWTH OPPORTUNITY 2: Need to Adopt a Sandbox Approach Towards Regulations

7.0 Key Contacts
7.1 Key Contacts

8.0 Next Steps

  • 8.1 Your Next Steps
  • 8.2 Why Now?
  • Legal Disclaimer

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Digit Insurance
  • Flock
  • MyGate
  • Saankhya Labs