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Telcos Shifting to Become One-stop Solution Providers Creates Opportunities for the Asia-Pacific Internet of Things Market
Telcos Shifting to Become One-stop Solution Providers Creates Opportunities for the Asia-Pacific Internet of Things Market
Transformational Growth for the Automotive, Utilities, Logistics, Building, and Industrial Verticals across the Region
RELEASE DATE
16-Feb-2021
16-Feb-2021
REGION
Asia Pacific
Asia Pacific
Deliverable Type
Mega Trends
Mega Trends
Research Code: PB8E-01-00-00-00
SKU: IT04271-AP-MT_25191
$2,450.00
In stock
SKU
IT04271-AP-MT_25191
Description
The Asia-Pacific (APAC) Internet of Things (IoT) market is expected to grow at a compound annual growth rate (CAGR) of 22.5% between 2019 and 2026 to reach a market size of $436.80 billion by the end of this forecast period. However, many enterprises remain unclear about the benefits and the maturity of IoT solutions available on the market. This report identifies the key use cases that have gained traction in 2020 based on Frost & Sullivan’s in-depth discussions with industry participants. In doing so, this report aims to enable enterprises to avoid risky bets by having a clear understanding of solutions that have been market tested and have achieved acceptance. This study identifies maturing use cases in key verticals including automotive, utilities, transport and logistics, home and buildings, and industrial control systems for the year 2020. Additionally, the report identifies 5 key growth opportunities for vendors in each of these verticals; 3 of which are adoption of full life-cycle solutions for automotive, smart grid solutions for utilities, and location-based services for transport and logistics.
Table of Contents
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top Three Strategic Imperatives on the IoT Market
Growth Opportunities Fuel the Growth Pipeline Engine™
Telcos Move beyond Connectivity Alone toward Offering End-to-end Solutions and Platforms in APAC
Telcos Increasing Focus on Automotive, Utility, Transport and Logistics, and Industrial Verticals in APAC
IoT in the Automotive Sector—Growth Environment
IoT in the Utilities Sector—Growth Environment
IoT in the Transport and Logistics Sector—Growth Environment
IoT in the Home and Building Sector—Growth Environment
IoT in the Industrial Sector—Growth Environment
Growth Opportunity 1—Full Life-cycle Solutions for Connected Cars, 2020
Growth Opportunity 1—Full Life-cycle Solutions for Connected Cars, 2020 (continued)
Growth Opportunity 2—Smart Grid Solutions for Energy Generation & Management, 2020
Growth Opportunity 2—Smart Grid Solutions for Energy Generation & Management, 2020 (continued)
Growth Opportunity 3—Location-based Services for Enterprises to Leverage Location Intelligence, 2020
Growth Opportunity 3—Location-based Services for Enterprises to Leverage Location Intelligence, 2020 (continued)
Growth Opportunity 4—Vendor-neutral Solutions for Real Estate Developer-led Smart Home Projects, 2020
Growth Opportunity 4—Vendor-neutral Solutions for Real Estate Developer-led Smart Home Projects, 2020 (continued)
Growth Opportunity 5—Advanced Capabilities (Including AR/VR) for Industrial Control Systems, 2020
Growth Opportunity 5—Advanced Capabilities (Including AR/VR) for Industrial Control Systems, 2020 (continued)
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Why Frost, Why Now?
List of Exhibits
Legal Disclaimer
Popular Topics
The Asia-Pacific (APAC) Internet of Things (IoT) market is expected to grow at a compound annual growth rate (CAGR) of 22.5% between 2019 and 2026 to reach a market size of $436.80 billion by the end of this forecast period. However, many enterprises remain unclear about the benefits and the maturity of IoT solutions available on the market. This report identifies the key use cases that have gained traction in 2020 based on Frost & Sullivan’s in-depth discussions with industry participants. In doing so, this report aims to enable enterprises to avoid risky bets by having a clear understanding of solutions that have been market tested and have achieved acceptance. This study identifies maturing use cases in key verticals including automotive, utilities, transport and logistics, home and buildings, and industrial control systems for the year 2020. Additionally, the report identifies 5 key growth opportunities for vendors in each of these verticals; 3 of which are adoption of full life-cycle solutions for automotive, smart grid solutions for utilities, and location-based services for transport and logistics.
| Deliverable Types | Mega Trends |
|---|---|
| No Index | No |
| Podcast | No |
| Author | Hemangi Patel |
| Industries | Information Technology |
| WIP Number | PB8E-01-00-00-00 |
| Is Prebook | No |
| GPS Codes | 9702-C1,9705-C1,9658,9655,9B07-C1 |