USD
GBP 
CNY 
EUR 
INR 
JPY 
MYR 
ZAR 
KRW 
THB 
Telcos Shifting to Become One-stop Solution Providers Creates Opportunities for the Asia-Pacific Internet of Things Market
Transformational Growth for the Automotive, Utilities, Logistics, Building, and Industrial Verticals across the Region
16-Feb-2021
Asia Pacific
Market Research
PB8E-01-00-00-00
IT04271-AP-MT_25191
The Asia-Pacific (APAC) Internet of Things (IoT) market is expected to grow at a compound annual growth rate (CAGR) of 22.5% between 2019 and 2026 to reach a market size of $436.80 billion by the end of this forecast period. However, many enterprises remain unclear about the benefits and the maturity of IoT solutions available on the market. This report identifies the key use cases that have gained traction in 2020 based on Frost & Sullivan’s in-depth discussions with industry participants. In doing so, this report aims to enable enterprises to avoid risky bets by having a clear understanding of solutions that have been market tested and have achieved acceptance. This study identifies maturing use cases in key verticals including automotive, utilities, transport and logistics, home and buildings, and industrial control systems for the year 2020. Additionally, the report identifies 5 key growth opportunities for vendors in each of these verticals; 3 of which are adoption of full life-cycle solutions for automotive, smart grid solutions for utilities, and location-based services for transport and logistics.
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top Three Strategic Imperatives on the IoT Market
Growth Opportunities Fuel the Growth Pipeline Engine™
Telcos Move beyond Connectivity Alone toward Offering End-to-end Solutions and Platforms in APAC
Telcos Increasing Focus on Automotive, Utility, Transport and Logistics, and Industrial Verticals in APAC
IoT in the Automotive Sector—Growth Environment
IoT in the Utilities Sector—Growth Environment
IoT in the Transport and Logistics Sector—Growth Environment
IoT in the Home and Building Sector—Growth Environment
IoT in the Industrial Sector—Growth Environment
Growth Opportunity 1—Full Life-cycle Solutions for Connected Cars, 2020
Growth Opportunity 1—Full Life-cycle Solutions for Connected Cars, 2020 (continued)
Growth Opportunity 2—Smart Grid Solutions for Energy Generation & Management, 2020
Growth Opportunity 2—Smart Grid Solutions for Energy Generation & Management, 2020 (continued)
Growth Opportunity 3—Location-based Services for Enterprises to Leverage Location Intelligence, 2020
Growth Opportunity 3—Location-based Services for Enterprises to Leverage Location Intelligence, 2020 (continued)
Growth Opportunity 4—Vendor-neutral Solutions for Real Estate Developer-led Smart Home Projects, 2020
Growth Opportunity 4—Vendor-neutral Solutions for Real Estate Developer-led Smart Home Projects, 2020 (continued)
Growth Opportunity 5—Advanced Capabilities (Including AR/VR) for Industrial Control Systems, 2020
Growth Opportunity 5—Advanced Capabilities (Including AR/VR) for Industrial Control Systems, 2020 (continued)
Your Next Steps
Why Frost, Why Now?
List of Exhibits
Legal Disclaimer
Speak directly with our analytics experts for tailored recommendations.
Recent related IT Services and Applications research
28 Oct 2026 | Global | Frost Radar
Frost Radar™: Network as a Service, 2026
Network as a service (NaaS) has evolved beyond bandwidth on demand into a digital operating model that brings together connectivity, cloud, security, observability, automation, and life cycle management through unified digital experiences. As enterprises expand multicloud environments, edge deployme...
26 Oct 2026 | North America | Frost Radar
Frost Radar™: Data Center Colocation Services in North America, 2026
Data center colocation services have become a foundational component of enterprise digital infrastructure, enabling organizations to balance performance, security, scalability, and cost optimization across increasingly distributed IT environments. Colocation facilities serve as critical interconnect...
23 Oct 2026 | Global | Technology Research
Growth Opportunities in GPU-as-a-Service, Hyperscale & AI-Focused Digital Infrastructure, AI-ready Data Center, Prompt-based Builder, Docs-as-code, and Artificial Chip Intelligence
This edition of the IT, Computing and Communication Technology Opportunity Engine explores GPU-as-a-Service, Hyperscale & AI-Focused Digital Infrastructure, and AI-Ready Data Centers to scale AI compute capabilities. Prompt-Based Builders and Docs-as-Code accelerate software development, while Artif...
16 Oct 2026 | Global | Frost Radar
Frost Radar™: Satellite IoT, 2026
Direct-to-device (D2D) connectivity and 3GPP NTN standards are reshaping the satellite IoT market. Release 17 enabled satellite NB-IoT through standard cellular modules, SIMs, and devices. The shift to 5G New Radio NTN supports higher-throughput, delay-sensitive services, such as direct-to-smartphon...
15 Oct 2026 | Latin America | Frost Radar
Frost Radar™: Managed Cloud Service Providers in Latin America, 2026
Cloud has become an established component of enterprise technology strategy in Latin America, but adoption has not necessarily reduced complexity. Many organizations now operate fragmented environments: public cloud, private cloud, on-premises infrastructure, legacy applications, SaaS platforms, and...
Purchase includes:
- Report download
- Growth Dialog™ with our experts
Growth Dialog™
A tailored session with you where we identify the:- Strategic Imperatives
- Growth Opportunities
- Best Practices
- Companies to Action
Impacting your company's future growth potential.