Market Research Report
Asia/Pacific (Excluding Japan) Internet of Things Connectivity Forecast and Analysis, 2021-2025
|Published by||IDC||Product code||1003311|
|Published||Content info||21 Pages
Delivery time: 1-2 business days
|Asia/Pacific (Excluding Japan) Internet of Things Connectivity Forecast and Analysis, 2021-2025|
|Published: April 26, 2021||Content info: 21 Pages||
This study provides Internet of Things (IoT) connections forecast for all 13 countries in Asia/Pacific (excluding Japan) (APEJ) (the "region"). Each market within the region has different demographics, including population density, land area, natural resources, the role of the manufacturing and resource industries, geography, telecommunications infrastructure, technology preparedness, and economic environment. Government policies and domestic industry priorities also have a substantial influence on overall IoT development in particular industries, such as agriculture, energy, healthcare, and public transportation. The COVID-19 pandemic has impacted growth in 2020 by causing delays in some projects while highlighting the importance of increased automation and intelligence from analytics on sensor data.The continued expansion of coverage and increase in bandwidth capacity of 4G long-term evolution (LTE) networks in emerging markets and the launching of 5G services in 9 of the 13 APEJ markets, coupled with fiber-optic metro coverage expansion, are enabling denser IoT networks and higher bandwidth devices, such as IP cameras. Remote communications are set to get a boost with the launch of low earth orbit (LEO) constellations that will provide broadband connectivity (25Mbps to over 150Mbps in the downlink and over 10Mbps in the uplink) for homes, enterprises and remote energy, utilities and transportation. Nanosatellites, although they are not broadband, will bring attractive price points for remote communications, such as those needed in energy, maritime, and agriculture."IoT in APEJ markets continues to grow steadily as government, municipalities, and enterprises take advantage of extensive fiber and 4G Long-Term Evolution (LTE) and newly emerging 5G coverage to execute IoT strategies that enhance productivity and efficiency, build Smart City infrastructure, and capitalize on new technologies, such as software-defined networking and automation. By combining artificial intelligence (AI)/machine learning (ML), big data, and IoT, businesses and organizations can extract more value from their operations and assets while increasing productivity and reducing operating expenses," says Bill Rojas, adjunct research director, IDC Asia/Pacific. "The current COVID-19 pandemic has encouraged companies to accelerate the digital transformation of all aspects of their businesses," he adds.