Australia punching above its weight in IOT spending – News – IoT Hub
Australia is one of the highest per capita spenders on the Internet of Things (IOT) in the Asia Pacific region, excluding Japan, according to the Worldwide Semiannual Internet of Things Spending Guide by analyst firm IDC.
IDC also predicts the Asia Pacific region will lead the world in IOT spending in 2019, accounting for 36.9 percent of global spending on the technology.
Key drivers will be greater availability of cloud-based back-end services for data acquisition and analytics, and 5G fixed wireless deployments in Australia, New Zealand and the Philippines, according to IDC.