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Home Asia Pacific

Asia Pacific Industrial IoT Market Poised to Reach

NEWSROOM by NEWSROOM
June 27, 2024
in Asia Pacific, Industries
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New Delhi, June 10, 2024 (GLOBE NEWSWIRE) — Astute Analytica’s projections indicate a robust expansion, with the Asia Pacific industrial IoT market expected to burgeon from US$ 26.4 billion in 2023 to US$ 52.7 billion by 2032, showcasing a CAGR of 8.0% during the forecast period 2024–2032.

The Industrial Internet of Things (IIoT) is experiencing a period of significant growth and transformation, reshaping the landscape of industrial operations.  Technological advancements are at the heart of IIoT’s evolution. The integration of Industry 4.0 is propelling the creation of smart…



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