TECH SUPPLIER Jan 2022 - Market Forecast - Doc # AP47762122

Asia/Pacific (Excluding Japan) Internet of Things Spending 1H21 Forecast Update, 2021–2025

By:

Bill Rojas
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,
Sharad Kotagi
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,
Xueqing Zhang
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,
Kai Cui
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,
Hugh Ujhazy
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Abstract

"IoT in the APEJ markets continues to grow steadily across multiple industries, including transportation, retail, manufacturing, resources, and utilities, which is driven by the increased capacity and reliability of fiber and cellular network infrastructure," says Bill Rojas, adjunct research director, IDC Asia/Pacific.

"In many Phase I projects, enterprises focus on having a single use case and acquiring the data streams from single sources, but as the organizations gain a deeper data-driven understanding of their operations, they can start to use other data sources (such as geolocation, weather, trade activity, vehicle traffic, and so on) to improve their analytics and expand beyond the original use case," he adds.


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