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Internet penetration has been rising significantly in India (742 million broadband subscribers) along with a surge in data consumption which touched approximately 8.4 exabyte/month in Q2 FY21 (more than 50 times rise since Q1 FY17) and is expected to rise further to 21 exabyte /month by 2025, as per Ericsson.
Exponential rise in machine-readable digital data emanating from the digital footprint of activities ranging from personal to social to business, which can be collected and analysed, lies at the heart of the digital economy.
Equally important is the proliferation of digital platforms which is allowing online interactions and transactions between parties thereby disrupting existing industries.
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