IoT Connection Revenue: Asia-Pacific
Source Research:
IoT Market Tracker - Worldwide
Market Data | 23 Jun 2023 | MD-IOTMWW-111
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Internet of Things (IoT) connection revenue is expected to increase from US$5.7 billion in 2022 to US$13.5 billion in 2027, spurred by digital transformation ambitions among enterprises operating in the region. As the chart above shows, China will account for nearly half of all IoT connection revenue in the Asia-Pacific region alone, with Japan and India in distant second and third places.
