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PRESS RELEASE PR Newswire Apr. 22, 2021, 12:26 PM APAC IoT market is expected to reach $436.77 billion in revenue by 2026; spending on smart cities accounts for almost one-third of the market SANTA CLARA, Calif. , April 22, 2021 /PRNewswire/ -- Frost & Sullivan's recent analysis finds that Asia-Pacific's Internet of Things (IoT) market is rapidly being transformed by Mega Trends, including the integration of edge-computing networks into IoT systems and new narrow-band (NB) IoT deployments. Driven by growing investments in 4G/LTE and 5G, reduced IoT sensor costs, and government support, the buoyant APAC IoT market is expected to...
