What’s IoT good for? In India, it depends on your age: survey

According to the report, domestic automation appears to be a near-necessity for India’s youth. The ‘National IoT Survey Report’ was conducted across 2,000 respondents from 12 Indian cities. For 54% of India’s youth (millennials aged between 26 and 35, and Generation Z aged between 18 and 25), IoT is all about smart homes (like smart TV, smart lights etc) and smartphones. “India’s youth is clearly inspired by IoT’s potential to automate their domestic environments, but that represents a fraction of IoT’s potential to transform society as a whole. According to recent estimates, the market for IoT in India is expected to be valued at $9 billion, with an installed base of 1.9 billion units by 2020.

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