How big is the India Telecom Market?

The India Telecom Market size is expected to reach USD 48.61 billion in 2024 and grow at a CAGR of 9.40% to reach USD 76.16 billion by 2029. Read More

What is the current India Telecom Market size?

In 2024, the India Telecom Market size is expected to reach USD 48.61 billion. Read More

Who are the key players in India Telecom Market?

Reliance Jio Infocomm, Bharti Airtel, Vodafone Idea Limited, Bharat Sanchar Nigam Limited (BSNL) and Mahanagar Telephone Nigam Ltd. (MTNL) are the major companies operating in the India Telecom Market. Read More

What years does this India Telecom Market cover, and what was the market size in 2023?

In 2023, the India Telecom Market size was estimated at USD 44.43 billion. The report covers the India Telecom Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the India Telecom Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the key factors driving the India Telecom Industry growth?

Major factors driving the growth of India Telecom Industry include a) Surge in demand for high-speed internet b) Government initiatives for digitalization c) Expansion of 4G and 5G networks across the country Read More

What challenges does the India Telecom Market face?

Major challenges faced by the Telecom Industry in India are a) Regulatory hurdles b) High spectrum fees c) Need for significant investment in infrastructure to support the growing demand Read More

India Telecom Market Analysis | Industry Growth, Size & Forecast Report

Telecom Industry in India Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The report covers Telecom Market Share in India and is Segmented by Services (Voice services (Wired, Wireless), Data and Messaging Services, OTT and Pay TV Services). The report provides the market sizes and forecasts in terms of value in USD million.

India Telecom Industry Overview

The Indian telecom market is consolidated with key players, such as Reliance Jio Infocomm, Bharti Airtel, Vodafone Idea Limited, Vodafone Idea Limited, and Mahanagar Telephone Nigam Ltd. ( MTNL) occupying the most market shares. These players focus on deploying the 5G network and increasing network capacity across the country to remain competitive in the market.

October 2022 - Jio, following the successful announcement of its True-5G services in the India Mobile Congress 2022, launched the Beta trial of its True-5G services for Jio users in four cities - Delhi, Mumbai, Kolkata, and Varanasi - on the auspicious festival of Dussehra.
October 2022 - Bharti Airtel ("Airtel"), India's significant provider of telecommunications services, announced the launch of the "Always On" IoT connectivity solution in India. Airtel's "Always On" solution includes a dual profile M2M eSim that allows an IOT device to stay connected to a mobile network from several Mobile Network Operators (MNOs) in the eSIM.