The smartphone was increasingly becoming the device by which Indian consumers preferred to control all their electronic goods and appliances, analysts said.
According to US-based Strategy Analytics, the 110-120-million smartphone market in India is expected to touch 174 million by 2017. The country will surpass the US as the second largest smartphone market in the process.
Also Read
A survey by the California-headquartered Peel Technologies, which deals in smart home control solutions, said 85 per cent of Indian consumers preferred a universal remote control feature in their smartphones, in line with consumer preference in China and South Korea, considered mature smartphone markets.
Realising this will be the way forward, mobile phone and chipset makers are beginning to make investments in IoT.
LG has washing machines, television sets, refrigerators and music systems that can communicate with smartphones and company executives said more devices would be added to the list of connected devices.
"IoT is one of the most talked-about technology trends today. LG has adopted new technologies to make its products efficient and interconnected," an LG India spokesperson said.
Dipesh Amritlal Shah, vice-president, mobile communication team, Samsung, said the company had introduced its proprietary Tizen operating system for smartphones keeping in mind IoT. "We already have our latest smart television sets and cameras on Tizen and we will build other appliances on the platform so that they communicate with each other," he added.
Globally, 7.8 billion devices operate on the IoT model. Qualcomm and IBM estimate this market will touch 25 billion devices by 2020.
"We have come up with chipsets for IoT devices and are looking at collaborations with start-ups to promote the concept," said Sandeep Sibal, country manager and vice-president, business development, Qualcomm India. Qualcomm and a few start-ups are working on joint IoT solutions at its research centre in Bengaluru.
Shah said Samsung, too, was looking at joint research to promote IoT.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)