Asia-Pacific Internet of Things Market, 2019

Government Initiatives Accelerating the Adoption of IoT Solutions

Communication service providers (CSPs) and vendors in the Asia-Pacific Internet of Things (IoT) market are expanding their solution portfolios by offering advanced capabilities such as Artificial Intelligence (AI)-based analytics. Technology developments, along with cross-domain partnerships to build an ecosystem of value, are expected to drive the $70.0 billion market towards $424.2 billion by 2025 at a compound annual growth rate (CAGR) of 29.3 percent.
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