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06 Mar 2019  |  Global  |  Market Research
Innovative Use Cases of IoT in the FMCG Sector
Revenue-generating Business Models
The FMCG sector in APAC comprises food retail and toiletries. Food retail dominates the sector with 94% share in terms of revenue. The APAC FMCG revenue in 2016 was $2,545 billion. The sector has been enjoying healthy growth, driven by higher spending power among the middle-income class and declining cost of production which was a result of commodi...
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