About five new mobile connections per second are estimated to join the power of internet in India by 2022, Internet of Things (IoT) has the potential to reach 2 billion connections and unlock revenues of $11.1 billion by 2022, revealed a new Associated Chambers of Commerce and Industry of India (Assocham)-EY joint report.
While potential is huge, India, however, currently lags behind the US, China, and Korea in connectivity via optical fibre, states the study. A meagre 25 per cent of telecom towers in India carry optical fibre, whereas the share in the US, China, and Korea is about 65-80