Transformational Strategies and New-age Technologies Propel the Growth Curve of the Internet-of-Things Segment in Asia-Pacific
Growth strategies for telecommunications providers' beyond-connectivity offerings creating growth opportunities
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The Asia-Pacific Internet-of-Things (IoT) market is expected to grow at a compounded annual growth rate of 25.8% between 2019 and 2026 to reach $436.77 billion by the end of the forecast period. The study sizes spending across the entire IoT value chain, comprising modules and sensing, connectivity, enablement platforms, system integration, and applications. It covers market trends, including the integration of edge-computing networks into IoT systems and the latest updates on narrow-band (NB)-IoT deployments. The report also shows the distribution of spending by industry verticals and Asia-Pacific country. Additionally, the report identifies the industry verticals responsible for the highest spending on IoT solutions. The report further maps opportunities for telecommunications services providers within the IoT space and identifies high-potential segments, key market verticals, and potential partnership opportunities.
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