APAC CIOOutlook

Advertise

with us

  • Technologies
      • Artificial Intelligence
      • Big Data
      • Blockchain
      • Cloud
      • Digital Transformation
      • Internet of Things
      • Low Code No Code
      • MarTech
      • Mobile Application
      • Security
      • Software Testing
      • Wireless
  • Industries
      • E-Commerce
      • Education
      • Logistics
      • Retail
      • Supply Chain
      • Travel and Hospitality
  • Platforms
      • Microsoft
      • Salesforce
      • SAP
  • Solutions
      • Business Intelligence
      • Cognitive
      • Contact Center
      • CRM
      • Cyber Security
      • Data Center
      • Gamification
      • Procurement
      • Smart City
      • Workflow
  • Home
  • CXO Insights
  • CIO Views
  • Vendors
  • News
  • Conferences
  • Whitepapers
  • Newsletter
  • Awards
Apac
  • Artificial Intelligence

    Big Data

    Blockchain

    Cloud

    Digital Transformation

    Internet of Things

    Low Code No Code

    MarTech

    Mobile Application

    Security

    Software Testing

    Wireless

  • E-Commerce

    Education

    Logistics

    Retail

    Supply Chain

    Travel and Hospitality

  • Microsoft

    Salesforce

    SAP

  • Business Intelligence

    Cognitive

    Contact Center

    CRM

    Cyber Security

    Data Center

    Gamification

    Procurement

    Smart City

    Workflow

Menu
    • Cyber Security
    • Hotel Management
    • Workflow
    • E-Commerce
    • Business Intelligence
    • MORE
    #

    Apac CIOOutlook Weekly Brief

    ×

    Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from Apac CIOOutlook

    Subscribe

    loading

    THANK YOU FOR SUBSCRIBING

    The Asia Pacific IoT market is anticipated to hit USD 437 Billion Mark

    The Asia Pacific Internet of Things (IoT) industry is expected to reach USD 436.8 billion by 2026. According to Frost & Sullivan, the region's IoT market  

    The Asia Pacific IoT market is anticipated to hit USD 437 Billion Mark

    By

    Apac CIOOutlook | Tuesday, December 14, 2021

    Stay ahead of the industry with exclusive feature stories on the top companies, expert insights and the latest news delivered straight to your inbox. Subscribe today.

    The Asia Pacific Internet of Things (IoT) industry is expected to reach USD436.8 billion by 2026. The region's combined investment in smart cities is approximately a third of the total. 

    FREMONT, CA: The Asia Pacific Internet of Things (IoT) industry is expected to reach USD 436.8 billion by 2026. According to Frost & Sullivan, the region's IoT market is fast changing due to big trends including edge computing and new narrow-band (NB) IoT installations. The APAC IoT market's expected revenue in 2026 will exceed USD96.9 billion in 2020, according to Frost & Sullivan. The value for 2026 reflects a CAGR of 28.52 %. Increased investments in 4G/LTE and 5G, lower IoT sensor prices, and government assistance could help accelerate this expansion. The region's combined investment on smart cities is approximately a third of the total, followed by transportation and logistics and manufacturing.

    According to Frost & Sullivan ICT research analyst Hemangi Patel, the APAC area contributes for around 40% of worldwide Low Power Wide Area (LPWA) connections, with narrow-band IoT (NB-IoT) accounting for 97%.  Globally, the COVID-19 epidemic slowed clients' transformation journeys in various industries, according to Frost & Sullivan research. However, opportunities for IoT providers should develop over the next five years as the sector matures. The analytical group believes telecom operators would be able to benefit from the region's predicted IoT industry expansion. To achieve this, telecom suppliers need to expand their service portfolios to include connection management, data security, and data routing.

    Furthermore, Frost & Sullivan recommends that cloud providers incorporate collaboration capabilities that allow clients to exchange information on a single platform. Manufacturers and smart cities efforts also create opportunities for suppliers that can offer integrated IoT solutions and build horizontal skills. The industry is adopting new technologies like predictive maintenance and remote monitoring. Smart cities need smart lighting, security, and trash management, according to the business. Ingram Micro, a worldwide technology distributor, said in April last year that it will develop global IoT centres of excellence, focusing on important verticals, services, and solutions.

    More in News

    Harnessing Big Data Analytics to Enhance Business Strategies

    Harnessing Big Data Analytics to Enhance Business Strategies

    AI's Role in Apac's Digital Transformation Journey

    AI's Role in Apac's Digital Transformation Journey

    Impact of Digital Transformation on Retail

    Impact of Digital Transformation on Retail

    Salesforce Services in APAC: Empowering Digital Transformation Across the Region

    Salesforce Services in APAC: Empowering Digital Transformation Across the Region

    I agree We use cookies on this website to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies. More info

    Copyright © 2025 APAC CIOOutlook. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Use and Privacy and Anti Spam Policy 

    Home |  CXO Insights |   Whitepapers |   Subscribe |   Conferences |   Sitemaps |   About us |   Advertise with us |   Editorial Policy |   Feedback Policy |  

    follow on linkedinfollow on twitter follow on rss
    This content is copyright protected

    However, if you would like to share the information in this article, you may use the link below:

    https://www.apacciooutlook.com/news/the-asia-pacific-iot-market-is-anticipated-to-hit-usd-437-billion-mark-nwid-8683.html