Future Growth Potential Beyond Connectivity Offers Unique Growth Opportunities for Telecommunication Services Providers
The Asia-Pacific (APAC) region is considered a global hub for manufacturing and industry. Additionally, governments across the region are undertaking bold digital transformation programs to achieve advanced industrial capabilities, particularly regarding the Industrial Internet of Things (IIoT). However, despite the hype, there remains considerable ambiguity about the type and size of opportunities that may emerge from efforts to implement IIoT in APAC.
This study tries to understand the framework of key opportunity elements in IIoT through relevant government initiatives and IIoT key market participants’ activities in the past year. The report highlights the pivotal telecommunication operators’ role in the entire IIoT ecosystem in segments such as connectivity, infrastructure and service management, and platforms in APAC. It also identifies the most critical IIoT opportunities emerging in 2020.
