TECH SUPPLIER May 2022 - Market Forecast - Doc # AP48910822

Asia/Pacific (Excluding Japan) Internet of Things Connections and Traffic Model Update, 2022–2026

By:

Bill Rojas
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,
Kai Cui
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, Lily Li,
Yuri Cui
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,
Hugh Ujhazy
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Abstract

This study provides Internet of Things (IoT) connections forecast for all 13 countries in the Asia/Pacific (excluding Japan) (APEJ) 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 the overall IoT development in particular industries, such as agriculture, energy, healthcare, public transportation, and utilities. 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. On the other hand, in certain industries and in specific use cases, IoT has been accelerated because of the lockdowns necessitating more levels of automation.

"IoT in APEJ markets continues to grow steadily as government, municipalities, and enterprises take advantage of extensive fiber and 4G Long Term Evolution (LTE) in preparation for 5G massive IoT in 2024. 5G private networks will play an important role in bringing a new level of reliability, mobility, and bandwidth to indoor facilities and spaces and public enclosed spaces. Key industries, such as smart farming, electricity and gas pipelines and distribution, railways, healthcare, and retail, will enter a phase of expansion and breadth with IoT use case. Remote communications connectivity that low Earth orbit (LEO) satellites will offer is also getting a lot of attention in merchant shipping, oil and gas, mining, emergency services, and disaster prevention and recovery," says Bill Rojas, adjunct research director, IDC Asia/Pacific. "Energy consumption and sustainability are two strategic themes that are getting a lot of attention across many industries, and we expect IoT will play an increased role in collecting the necessary data to enable enterprises to measure quantitatively their carbon footprint," he adds.


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