TECH SUPPLIER Jan 2020 - Market Forecast - Doc # AP44331019

Asia/Pacific (Excluding Japan) Manufacturing Internet of Things Forecast and Analysis, 2018–2023

By: Sampath Kumar VenkataswamyResearch Manager, Karthik Umachigi, Sharad KotagiAssociate Market Analyst, Vijay Sarathi GollapalliResearch Manager

Abstract

This IDC study presents a five-year forecast for the APEJ Manufacturing IoT Forecast and Analysis, 2018–2023. It reviews and analyzes market context for both drivers and inhibitors of IoT spend forecast. It also highlights significant market developments, provides the best estimates of IoT spending and forecast by hardware, software, services, connectivity, and offers advice to technology suppliers on how to drive opportunities.

"IoT continues to be one of the pivotal technologies that will continue to drive the data play in optimizing shop floor operations while also relying on field asset performance and usage metrics that can help identify new and innovative revenue streams," says Sampath Kumar Venkataswamy, research manager, IDC Asia/Pacific Manufacturing Insights.


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