The development of digital infrastructure constitutes one of the pillars of this transformation as India moves towards the vision of Viksit Bharat (Developed India). And considering that the coming digital economy is projected to be worth $1 trillion by 2025, it is imperative to create an environment that encourages innovation and connectivity, providing citizens with full access to digital services. This blog looks at recent digital infra development trends and their impact on creating Viksit Bharat.
Key drivers of growing need for strong digital infrastructure include rising internet penetration, explosion in mobile device usage and growing dependence on digital services across sectors. With over 1.2 billion mobile subscribers and in excess of 750 million Internet users, it's easy to see why India has an infrastructure requirement to support the digital ecosystem. This trend has also been accelerated with the COVID-19 pandemic, where digital access has been a priority need for education, healthcare, and remote work.
The introduction of 5G has begun in India, with major telecom operators including Reliance Jio, Airtel, and Vodafone Idea investing heavily in the network. 5G is expected to increase connectivity and speeds and reach 100 times more than the 4G capabilities which will provide an opportunity for innovation in smart city infrastructure, enhanced mobile broadband experiences and a model for IoT implementations. India will have more than 500 million 5G connections by 2025, changing landscape of industries.
As cloud computing adoption continues to rise, more organizations are proceeding to cloud platforms for increased versatility and scalability. As per the latest research, the Indian cloud market is projected to touch $7.1 billion by 2022, primarily due to increase in Software as a Service (SaaS) and Infrastructure as a Service (IaaS) adoption. This trend is crucial for businesses that want to improve their operational efficiency by spending less.
With the application in the sectors of agriculture, healthcare, and smart cities, the IoT market in India is expected to reach $15 billion by 2025. IoT devices allow for real-time monitoring and data collection, which can help improve resource management and operational efficiency. IoT is being increasingly integrated within initiatives such the Smart Cities Mission to create a more responsive and efficient urban infrastructure and services.
With the expansion of the digital landscape, the risks associated with cyber threats are also on the rise. The Indian government has realized this challenge and is working towards cybersecurity,including National Cyber Security Coordinator. To protect sensitive data, organizations are embracing cutting-edge security solutions such as AI-driven threat detection, encryption, and multi-factor authentication.
Digital Infrastructure to add $1 Trillion to India GDP by 2025, driving productivity, competitiveness across sectors. An increase of this nature, will recover millions of jobs, especially in tech-centric job sectors.
Bridges the Digital Divide Tackling the digital divide begins with a digital infrastructure. The digitally weaker population can be provided information through government initiatives such as Digital India wherein they take internet to villages or far off places to improve connectivity and to ensure that all the citizens are able to avail digital services. Greater connectedness improves access to education, health care, and government services.
Digital solutions can supplement sustainable practices by managing resources more efficiently, minimising waste and encouraging green technologies. Smart grids and IoT-enabled solutions play a critical role in optimizing energy consumption and encouraging renewable energy sources.
Continued and sustained investment in digital infrastructure via government schemes like Digital India is a must. Government agencies are encouraging public-private collaboration in order to tap private skill sets and capital.
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India needs to cultivate investments in emerging tech like AI, machine learning and big data analytics to promote innovation. Offer assistance to startups and tech companies to build and implement new solutions.
But with the growth of digital infrastructure, the investment in skill development must ensure that the workforce is ready for the future jobs. Partnerships between governments and the private sector can develop skill-building programs for digital competencies.
Developing a strong digital infrastructure is part of the Viksit Bharat vision. Adopting these trends and working together with all stakeholders — government and industry and academia — would pave the way for enabling India to charter a digital ecosystem for sustainable growth that meets the needs of citizens and improves the quality of their lives. Here at Crescendo Worldwide, we strive to help businesses thrive in this digital paradigm shift, seizing the chances emerging technologies provide.