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 44.04 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 Share

Statistics for the 2023 & 2024 India Telecom market share, created by Mordor Intelligence™ Industry Reports. India Telecom share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of India Telecom Industry

The Indian telecom market is consolidated with key players, such as Reliance Jio Infocomm, Bharti Airtel, 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 2023: Ericsson, the Swedish multinational networking and telecommunications leader, launched its 'India 6G' initiative. This move sees the company, headquartered in Stockholm, establishing a specialized research team at its R&D Center in Chennai.

July 2023: DoT announced the launch of the Bharat 6G Alliance to Drive Innovation and Collaboration in Next-Generation Wireless Technology. More than 75 innovators felicitated by DoT under DCIS (Digital Communication Innovation Square) were granted INR 48 crore. 66 Startups and MSMEs were allotted a grant of INR 240.5 crore (USD 28914040) under the Telecom Technology Development Fund (TTDF) scheme.

May 2024: ACT Fibernet, India's premier fiber-focused wired broadband ISP, made a significant strategic investment in Aprecomm Private Limited, India's leading network intelligence solutions startup. This underscores ACT Fibernet's commitment to enhancing its customers' home Wi-Fi experience.