India is poised to emerge as a major player in 5G, semiconductor and chip technology, live sports, and AVOD with private deployment networks likely to take off in a big way during 2025-2028, according to consultancy Deloitte.
It has also projected the Indian semiconductor market to be worth USD 55 billion by 2026.
Satellite broadband and communication service market in India is expected to grow and expand with the developing use case horizon and exponential growth in data consumption, as per Deloitte’s 2023 TMT (Technology, Media, and Entertainment, Telecom) predictions.
Deloitte predicted the Indian semiconductor market will reach USD 55 billion by 2026 with more than 60 per cent of the market being driven by three industries — smartphones and wearables, automotive components, and computing and data storage.
“With growing demand, the industry is poised to play an important role in enhancing the global value chain as it will expand to a market size of USD 85 billion and generate .
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