TECH SUPPLIER Jan 2020 - Market Forecast - Doc # AP44719819

Asia/Pacific (Excluding Japan) Internet of Things Spending 1H19 Forecast Update

By: Bill RojasAdjunct Research Director, IDC Asia/Pacific, Ashutosh BishtSenior Research Manager, Shaily ShahResearch Manager, Hugh UjhazyVice President, IoT and Telecommunications

Abstract

The IoT enterprise market is being driven by a combination of advances in sensor and device processor cost performance, the DX of services, the explosive growth of cloud services, the introduction of artificial intelligence (AI) in both consumer and enterprise use cases, and continued advances in semiconductor technology and wireless communications connectivity.

"IoT across APEJ continues to grow steadily as governments, municipalities, and enterprises move from proof of concept and tests to live deployments as part of a strategy to enhance productivity and efficiency, build Smart City infrastructure, capitalize on new technologies (e.g., software-defined networking, next-generation industrial automation, deep learning, mobile edge, and 5G). Communications service providers (CSPs) will start to build edge computing infrastructure to support 5G augmented/virtual reality (AR/VR) and time-sensitive services, and this will form the foundation for massive IoT," says Bill Rojas, adjunct research director, IDC Asia/Pacific. "5G will enable both massive NB-IoT as well as bandwidth hungry applications, such as video facial and object recognition," he adds.


Coverage

Subscriptions Covered

Asia/Pacific Internet of Things Ecosystem and Trends


Regions Covered

Asia Pacific


Topics Covered

Internet of things


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