As of May 2023, internet of things (IoT) spending in the Asia-Pacific region was forecast to amount to 277.5 billion U.S. dollars that year. IoT spending in APAC was forecast to grow significantly over the next years and is set to reach 435 billion dollars by 2027.
Internet of things (IoT) solutions spending in the Asia-Pacific region in 2023, with a forecast for 2027
(in billion U.S. dollars)
Characteristic
Spending in billion U.S. dollars
-
-
-
-
Exclusive Premium Statistic
To access all Premium Statistics, you need a paid Statista Account
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
IDC. (July 31, 2023). Internet of things (IoT) solutions spending in the Asia-Pacific region in 2023, with a forecast for 2027 (in billion U.S. dollars) [Graph]. In Statista. Retrieved June 18, 2024, from https://www.statista.com/statistics/1418654/apac-internet-of-things-solutions-spending/
IDC. "Internet of things (IoT) solutions spending in the Asia-Pacific region in 2023, with a forecast for 2027 (in billion U.S. dollars)." Chart. July 31, 2023. Statista. Accessed June 18, 2024. https://www.statista.com/statistics/1418654/apac-internet-of-things-solutions-spending/
IDC. (2023). Internet of things (IoT) solutions spending in the Asia-Pacific region in 2023, with a forecast for 2027 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: June 18, 2024. https://www.statista.com/statistics/1418654/apac-internet-of-things-solutions-spending/
IDC. "Internet of Things (Iot) Solutions Spending in The Asia-pacific Region in 2023, with a Forecast for 2027 (in Billion U.S. Dollars)." Statista, Statista Inc., 31 Jul 2023, https://www.statista.com/statistics/1418654/apac-internet-of-things-solutions-spending/
IDC, Internet of things (IoT) solutions spending in the Asia-Pacific region in 2023, with a forecast for 2027 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1418654/apac-internet-of-things-solutions-spending/ (last visited June 18, 2024)
Internet of things (IoT) solutions spending in the Asia-Pacific region in 2023, with a forecast for 2027 (in billion U.S. dollars) [Graph], IDC, July 31, 2023. [Online]. Available: https://www.statista.com/statistics/1418654/apac-internet-of-things-solutions-spending/