Abstract: According to India Internet of Things (IoT) Market Forecast & Opportunities, 2020, IoT market in India is projected to grow at a CAGR over 28% during 2015 - 2020.
IoT is being rapidly brought into use across diverse industry verticals to reduce operational and manpower costs, and increase operational efficiency.
Consumer electronics, automotive & transportation, BFSI (Banking, Financial Services and Insurance), home & building, energy & utilities, retail, supply chain & logistic sectors, and manufacturing are the key emerging application areas where IoT technology is majorly being adopted. However, Indias IoT market is highly fragmented with numerous players operating across the value chain.
With growing need for connectivity among devices, systems and services using variety of protocols and domains; automating business processes; and real-time monitoring & tracking of services and systems, Internet of Things (IoT) technology has been gaining increasing market traction over the last few years.
In the IoT concept, a Thing can be any natural or man-made object that can be assigned an IP address and provided an ability to transfer data over a network.

Biography: Dr.S.Balakrishnan is a Professor and Head, Department of Computer Science and Business System at Sri Krishna College of Engineering and Technology, Coimbatore, Tamilnadu, India. He has 18 years of experience in teaching, research and administration. He has published over 20 books, 6 Book Chapters, 29 Technical articles in CSI Communications Magazine, 27 technical Blogs, 1 article in Electronics for You (EFY) magazine, 6 articles in Open Source for You Magazine and over 100+ publications in highly cited Journals and Conferences. Some of his professional awards include: Faculty with Maximum Publishing in CSI Communications 2017-2019, International Data Science Writer of the Year 2019, by Data Science Foundation, UK, with cash prize €900, MTC Global Outstanding Researcher Award, Inspiring Authors of India, Deloitte Innovation Award Deloitte for Smart India Hackathon 2018, Patent Published Award, and Impactful Author of the Year 2017-18. His research interests are Artificial Intelligence, Cloud Computing and IoT. He has delivered several guest lectures, seminars and chaired a session for various Conferences. He is serving as a Reviewer and Editorial Board Member of many reputed Journals and acted as Session chair and Technical Program Committee member of National conferences and International Conferences at Vietnam, China, America and Bangkok. And he has acted as Mentor in Smart India Hackathon (SIH) 2020 Title Winner, with 1 Lakh Cash Prize. He has published 2 Granted Australian Patents, 25 Indian Patents on IoT Applications and 1 granted copyright. Dr. Balakrishnan has been appreciated under India Book of Records 2021 for filing 18 patents over a period of 15 months. He is acting as an IEEE Brand Ambassador, T4 Ambassador and Bentham Science Publisher Brand Ambassador.