TECH SUPPLIER Feb 2021 - Market Forecast - Doc # AP45225620

Asia/Pacific (Excluding Japan) Internet of Things Spending 1H20 Forecast Update, 2020-2024

By: Bill RojasAdjunct Research Director, IDC Asia/Pacific, Sharad KotagiMarket Analyst, Shaily ShahIndependent Contractor, Kai CuiAssociate Research Director, Hugh UjhazyVice President, IoT and Telecommunications

Abstract

"Internet of Things (IoT) in the Asia/Pacific (excluding Japan) (APEJ) markets continues to grow steadily as government, municipalities, enterprises, and industries take advantage of extensive fiber and 4G LTE coverage and the anticipated 5G deployments in the region to execute IoT strategies that enhance productivity and efficiency, build smart city infrastructure, and capitalize on cloud-native digital infrastructure, including 5G private networking," says Bill Rojas, adjunct research director, IDC Asia/Pacific.

"The current COVID-19 pandemic has slowed the growth of IoT spending in 2020, while at the same time highlighting the importance of public priorities to be rearranged in IoT for public healthcare and telemedicine, remote/online education, disaster management, automated manufacturing, online retail, food delivery, logistics and transportation, and smart home services."


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