An article by Sandra Sandoval for The Guardian.
The global multimedia industry is a $2 trillion industry and one that has been evolving since the start of the millennium.
There are a number of reasons why the industry is growing and, while the Indian market has its own set of challenges, the international multimedia industry needs to look beyond those obstacles and look at ways to deliver better service to its customers and improve its efficiency.
Here are some of the key factors that will determine how the Indian industry performs in the global multimedia arena.
Key factors that affect how well the Indian multimedia industry performsIndia has one of the highest number of Internet Service Providers in the world.
According to a report by the Internet Industry Association, India has 1,098 Internet Service providers in the country.
In 2017, there were 4,939 Internet Service provider, and in 2018 there were 3,932 Internet Service Provider (ISP).
It is estimated that the Indian ISP market grew by over 30% in the past year, reaching $3.2 billion in 2018.
The industry is also growing rapidly, as the average subscriber has grown by over 300% over the past two years, according to industry sources.
As per an industry study by ICICI Securities, the average number of subscribers is estimated to have increased from 4.2 million in 2016 to 8.1 million in 2018, with a median age of 35.
The study says that the average Indian ISP subscriber has a net worth of $6,300.
The Indian government has made some investments in the industry.
In September 2018, the Ministry of Communications and Information Technology (MoCT) announced a Rs 2,000 crore funding programme to invest in 10 Internet Service Service Provisions.
The government has also provided financial assistance of Rs 1,600 crore in 2018 to the country’s ISPs.
The Ministry of Digital Development has also started to fund Indian ISP development through the National Network Infrastructure Development Fund (NNIDF).
This fund will be available for the next three years to incentivise Indian ISPs to build and expand their networks and increase their subscriber base.
This is a significant step for the industry and a positive step towards the Indian Government’s ambitious goal of making India one of Asia’s digital hubs.
The funding will be used to further improve the quality of services provided to its subscribers, increase the speed of broadband service delivery, and expand the countrys infrastructure, the Minister of Communications said.