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IoT adoption in APAC is on the precipice of unprecedented growth
IoT adoption in APAC is on the precipice of unprecedented growth

Press release -

Telenor report: IoT adoption in APAC set to surge

Stockholm, 13 December 2022: APAC is set to overtake the rest of the world in IoT adoption according to an Asian IoT Megatrends report from the global research firm OMDIA and global connectivity provider Telenor IoT.

APAC digital transformation of enterprise has been slower than the rest of the world. However, with investments on the rise APAC is expected to soon accelerate fast, pushing the adoption of IoT into unprecedented growth and giving IoT scale like never before.

OMDIA found that 20% of enterprises in APAC anticipate their IoT deployments to reach beyond 500,000 devices that can be connected wirelessly to a network and used to transmit information within the next 12 months. In addition, emerging IoT adoption in the region, particularly from India, Pakistan, Bangladesh, Indonesia and Thailand, is expected to push the 14.5 billion IoT devices in circulation today to a forecasted 38.9 billion IoT devices by 2030.

Seth Ryding, Chief Sales Officer (CSO) and Head of Telenor IoT Asia commented on the report’s findings: “Clearly, digitalisation and sustainability are moving to the core of companies future strategies. IoT and digitalisation are no longer an option for enterprises in the region, but a necessity - as technology hardware, connectivity and software take centre stage in the digital future. As no other region is poised for IoT growth on the scale of APAC, the mega-trends set out in this report can be used as a valuable guide for enterprise looking to be successful in an increasingly connected future.”

Unique challenges drive APAC in ways not seen in the rest of the world – population growth in megacities combined with a need to reach widely spread remote areas, the increasing pressures of urban mobility and energy demand, and the wider political landscape (including newly introduced/revamped policies or guidelines to steer deployment). This takes place in an IoT vendor market that is fragmented, with enterprises challenged by complexity and concerned by cybersecurity.

IoT devices include any physical object that can connect wirelessly to the internet and transmit data, such as smart watches, printers, meters, speakers, and even kitchen appliances and automobiles. The report specifically highlights the drivers behind fast-moving automotive digitalisation and IoT efforts, particularly in fleet management. The vertical view also covers how IoT is enabling a streamlining of processes in transportation and logistics as well as a clear link to the sustainability agenda in the growing application of IoT in APAC energy, utilities, and resources enterprises.

With such acceleration in deployment, the report concludes that enterprises should consider the following with their projects:

  1. Consider connectivity from the country-level
  2. Seek proven integrated IoT security solutions
  3. Build-in a sustainability-first approach
  4. Plan for the complexity of IoT integrations
  5. Choose the right partners

Link to report

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About Telenor Iot

Telenor IoT is the portfolio of IoT solutions from Telenor Group, one of the world’s major mobile operators. With more than 20 years’ experience of providing global IoT connectivity, cloud services and expert support to companies of all sizes, Telenor is one of the world’s most advanced IoT solution providers.

Telenor IoT manages international IoT deployments for global customers in some 200 countries and today operates more than 17 million connected devices to enterprises such as Volvo, Scania, Hitachi, Verisure Securitas Direct and Husqvarna.

The IoT solutions are offered to national customers in the Nordics through the local Telenor operations in each country, and on a global level through Telenor Connexion, Telenor’s specialized unit that provides IoT solutions for large, international enterprises who need a customized offer with advanced support.

About Telenor Asia

Telenor is a leading global telecommunications company, serving 172 million customers in the Nordics and Asia (Q1 22). In Asia, we have been connecting people to what matters most for 25 years. We are committed to supporting the national digital ambitions of the Asia markets we operate in, driven by the ambition of empowering societies. Telenor is listed on the Oslo Stock Exchange under the ticker TEL. For more information, see www.telenor.com/asia

Contacts

Maria Willander

Maria Willander

Press contact Head of Marketing PR & Marketing Communications +46 (0) 708 33 18 25

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The First Choice for IoT

Telenor is a world leading IoT connectivity provider who helps organizations of all sizes connect and operate their devices. With more than 20 years of experience and hundreds of dedicated IoT specialists we are the largest IoT team of any Nordic IoT service provider.
Our customers range from smaller companies and public sector to enterprises with the world’s most demanding international IoT deployments. We provide a portfolio of IoT connectivity and cloud services backed up by expert support in the Nordics as well as across the world with local representation in 18 countries across Africa, the Americas, Asia-Pacific, and Europe.
Today, we manage more than 20 million IoT connections across the world and have unique knowledge and experience to cost efficiently build and operate both large scale IoT solutions, and smaller, local solutions.

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