Bharti Airtel has become the market leader in India’s fast-growing Enterprise IoT segment as per Frost & Sullivan.

The Indian IoT market is expected to grow at a CAGR of 8.8 percent moving from 2020 TO 2023. Airtel is the market leader in the Cellular IoT space holding a 45.5 percent market share, said Abhinav Kumar, Consultant, Information and Communication Technology (ICT) Practice, Frost & Sullivan.

Airtel IoT supports over 6 million managed IoT connections, including solutions like industrial asset monitoring, smart metering and vehicle telematics with an innovative approach to building IoT solutions.

MG Motor, Pine Labs, Paytm, Kirloskar, BSES, Genus, Kent, Black Buck, Meghalaya Power Distribution Corporation and Odisha Power Transmission Company are among the enterprises that are already using Airtel’s IoT solutions.

Ajay Chitkara, Director & CEO – Airtel Business, said: “We continue to invest in our platforms by enabling technologies that are central to the functioning of the Internet of Things, including our 5G network. The findings of Frost & Sullivan are yet another endorsement of our relentless focus on innovation in the IoT segment.”

Airtel Business is the undisputed leader in the Enterprise Mobility space with the highest overall RMS of 43.3 percent. Airtel Business is trusted by over 2500 large and over one million emerging enterprises across India. It offers an integrated suite of solutions ranging from connectivity to cloud, security, conferencing, IoT and Ad Tech.