TECH SUPPLIER Jun 2021 - Market Forecast - Doc # AP47515621

Asia/Pacific (Excluding Japan) Internet of Things Spending 2H20 Forecast Update, 2020–2025

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

Abstract

"IoT in the APEJ markets continues to grow steadily as governments, municipalities, enterprises, and industries take advantage of extensive fiber, 4G Long-Term Evolution (LTE) coverage, and commercial rollout of 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 and edge computing," says Bill Rojas, adjunct research director, IDC Asia/Pacific.

"Although the current COVID-19 pandemic has slowed down IoT spending growth in 2020, we expect public priorities in 2021 to continue to enable IoT for public healthcare and telemedicine, remote/online education, disaster management, automated manufacturing, online retail, food delivery, logistics and transportation, and smart home services," he adds.


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