India will soon be a leader in IoT

The number of IoT devices in India is expected to increase significantly from roughly 200 million units in 2016 to 2.7 billion units by 2020, according to a NASSCOM report. The adoption of these devices will make India a leader in the space — the IoT market in the country is poised to reach $15 billion by 2020, accounting for 5% of the global industry, per the report. This type of growth is attracting a number of major tech companies, including Ericsson, Amazon, and Samsung, which have all made moves in India over the last week.