India Market Research Reports

Government's Target to Attain 100 GW Solar Energy by 2022 is Driving the Growth of Solar Inverter Market in India - 6Wresearch Power sector in India is witnessing a radical change on account of government's move towards power generation via renewable energy resources. Increasing electricity consumption and surging awareness towards environment are together helping the country towards utilization of green energy resources, especially solar. Moreover, solar inverter market is exhibiting immense growth over the past few years owing to surging implementation of solar energy projects in the country. Additionally, National Solar Mission, aiming to achieve 100 GW of solar energy by 2022 has further fueled the solar inverter adoption and is anticipated to increase the market in proportion with uprising solar industry in India. According to 6Wresearch , India Solar Inverter market is projected to grow at a CAGR of over 25% during 2018-24 . Among different types of solar inverters, ...

Increasing Digital Payment Solutions in India Would Drive the Growth of Blockchain Technology Across Several Applications by 2024 - 6Wresearch Blockchain technology, popularly known as a protocol for value exchange is registering rising adoption among several applications including banking and financial services, transportation, supply chain as well as government verticals in India. The solution is gaining awareness owing to more efficient, transparent, and secured database solutions. Further, recent pilot project initiatives in Andhra Pradesh would result in greater adoption of blockchain solution in certain key states including Delhi, Madhya Pradesh, Uttar Pradesh and Punjab over the coming years. According to 6Wresearch , India blockchain technology market is projected to grow at a CAGR of 58% during 2018-24 . The market would be highly dependent on increasing growth of digital payment solution through several intermediaries including digital wallets and Unified Payment Interfa...

India Garment Steamer Market to Witness Nearly Two Fold Revenues by 2024 - 6Wresearch Consumers in India are becoming liberal on their spending habits as a result of increasing personal disposable income. Garment steamers are primarily used by commercial segment, however, over the past few years the product is gaining high acceptance across the household segment. The growth of garment steamer market in India is backed by surging aspirations of middle class population towards branded clothing. Garment steamers are ideal for delicate fabrics, in addition, these are also used for removing wrinkles and freshening of curtains, bed sheets, and upholsteries (seats & furniture covers). Moreover, growing product awareness, urbanization, and surging emphasis towards personal upkeep are further catalyzing the growth of garment steamer market in the country. According to 6Wresearch , India Garment Steamer market is projected to grow at a CAGR of 10% during 2018-24 . Although, India brown ...

India Antivirus Market to Grow Amidst Emerging Wave of Technologies and Massive Rise in Cybercrimes - 6Wresearch "Cyber-related risks are a global threat" as described precisely by the honorable Prime Minister Shri Narendra Modi while addressing the need to build credible cyber security systems amidst the changing threat landscape as India gears up to face cyber security threats. Cyber-security threat landscape in India has evolved over the past few years. During the past four years, India registered over 1,90,000 cases of cybercrime incidents. At present, Cyber-security market in India, stands around $4 billion with the industry exhibiting a growth of over 100% during the similar period. Growing number of internet users and proliferation of mobile and personal computing devices in the country resulted in increased threat level among the users, consequently, leading to growth in demand for antivirus software. Additionally, awareness among several end-users are increasingly...

Surging Trend of Modular Kitchen to Drive the Growth of Dishwashers Market in India - 6Wresearch Rapid urbanization and increasing personal disposable income have improved the standard of living of the middle class population in India. Consumers are now readily spending on luxury products. Dishwasher market is likely to witness immense growth potential over the coming years with rising number of average households along with flourishing modular kitchen trend in the country. Although, the market is predominantly driven by commercial segment, however, with growing awareness towards benefits of dishwashers, the residential segment is anticipated to grow during the forecast period. According to 6Wresearch , India dishwasher market is projected to grow at a CAGR of 10.8% during 2018-24 . Amongst various distribution channels including multi-branded & exclusive stores, hypermarkets, and online sales, multi-branded stores contributed highest revenue share in 2017 followed by exclusiv...