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IoT spending in Asia-Pacific to reach $288B in 2021: Report


IoT spending in Asia-Pacific to reach $288B in 2021: Report
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IANS
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Published on
​ Thu, Feb 18 2021 11:12 IST
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IoT spending in Asia-Pacific to reach $288B in 2021: Report. Image Source: IANS News
Singapore, Feb 18 : The spending on Internet of Things (IoT) in the Asia-Pacific region will rebound in 2021 to reach $288.6 billion at a compound annual growth rate (CAGR) of 11.7 per cent, according to a new IDC report.
On a geographical perspective, China, Korea, and India will account for more than three quarters of overall IoT spending in the region in 2021, followed by Australia and Indonesia.
Countries that will see the fastest IoT spending are China, Malaysia and Hong Kong. ....

Hong Kong , Asia Pacific , Sharad Kotagi , Adjunct Research , Worldwide Semiannual Internet , Things Spending Guide , Bill Rojas , Adjunct Research Director , Associate Market Analyst , ஹாங் காங் , ஆசியா பெஸிஃபிக் , ஷரத் கோடடகி , விஷயங்கள் செலவு வழிகாட்டி , ர சி து ரோஜாஸ் , இணை சந்தை ஆய்வாளர் ,