For the Indian market, there is a huge potential for IoT adoption in smart cities. Here, it is not just the government that needs to step in but also a host of other enterprises such as parking garages, stadiums and malls. The automotive industry also holds great potential for IoT adoption.
IoT promises several benefits. It has far-reaching implications on social life as well as industrial applications. It promises quality of life as well as efficiency of processes within factories, cities, etc.