IDC predicts that the IoT market in Asia-Pacific, excluding Japan will continue to grow by 9.1 in 2022, higher than 6.9% in 2021.
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Artificial Intelligence spending in APAC to reach $32 billion in 2025
Artificial Intelligence spending in Asia-Pacific to reach $32 billion in 2025, at a CAGR of 25.2% for the period 2020-25, according to IDC.
Read MoreEnterprise information security spend in India to grow 9.5% in 2021
In 2021, organisations are expected to increase their spending across all segments of security and risk management.
Read MoreGlobal spending on IoT to reach $745 billion in 2019 : IDC forecasts
Global spending on the Internet of Things (IoT) is forecast to reach $745 billion in 2019, an increase of 15.4% over the $646 billion spent in 2018, as according to International Data Corporation (IDC)
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