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Asia Pacific IoT spending to reach US$435 billion in 2027, says IDC

Joseph Tsai, DIGITIMES Asia, Taipei 0

Credit: DIGITIMES

Asia Pacific spending on the Internet of things (IoT) is forecasted to be US$277.5 billion in 2023, an increase of 11% over 2022, according to IDC's latest Worldwide Semiannual Internet of Things Spending Guide.

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