Asia Pacific To Drive Growth Of Internet Of Things

China and India will have a particularly large effect

A new report has forecast that the Asia Pacific region will play a major part in the growth of the Internet of Things. Between now and 2023, the industry is expected to reach 724 billion US dollars, up from under 600 billion US dollars in 2015. With the growth equalling 13% each year, it is reported that Asia will be responsible for 36% of the growth, with North America taking 24% of the share. The report points to high-investment initiatives launched in both China and India as having a large effect on the report’s findings. 

The Movers And Shakers - Moving And Shaking

Search and discover everything we've reported on certain brands or industry topics. Follow the trends right before your eyes - and in the blink of eye you know.
error
error
error
Select Country
error
error
X