Close to half of APAC govt organisations investing on IoT solutions in next 12 months: IDC

  • 50% of Asia Pacific government organisations plan to deploy security systems in the AP region
  • 48% of Asia Pacific government organisations plan to deploy people tracking devices​

Close to half of APAC govt organisations investing on IoT solutions in next 12 months: IDC

GOVERNMENT organisations in Asia are seeing the importance of Internet of Things technology and are investing onto the technology in a serious manner over the next two years. 

According to IDC's 2016 Global IoT Decision Maker Survey, 40% of Asia Pacific government organisations are investing on IoT solutions in the next 12 months while 50% of them are investing in an IoT solutions in the next 12-24 months slated this 2017.

“Improving productivity, improving time to market for products/services and improving energy efficiency reducing costs are the top benefits of an IoT solution. IoT enables access to new and granular data sources, empowered by swift connectivity and quick data gathering capability giving access to a wider range of information that enhances the quality of government services at a scale, which previously has been thought to be unattainable,” says IDC Asia/ Pacific Government and Education Insights market analysts Shreyashi Pal.

 This eventually impacts every single stakeholder of government eServices — citizens, visitors, and business owners who interact with government entities and their provided services.

"Year 2016 has seen a significant change in terms of vendors leading the IoT market. The prominent IT vendors prevalent in hardware, software and network solutions equipped with an integrated cloud and analytics solution are most likely to lead the Internet of Things market. IT hardware vendors as the top players,” says  IDC Asia/ Pacific Government and Education Insights head Gerald Wang.

“Overall, enterprises in the AP region largely see hardware vendors as the clear frontrunners, but some regional differences are apparent when examining other leading suppliers in the IoT ecosystem. We also note that for many enterprises in AP region, networking equipment vendors and systems integrators feature prominently as potential leaders while traditional IT hardware vendors are becoming the leading network equipment vendors in the IoT market,” adds Wang.

Other highlights in the survey include: Asia is expected to have 21 out of 37 safe megacities of the world, hence 50% of Asia Pacific government organisations plan to deploy security systems in the AP region while 48% plan to deploy people tracking devices. Also, approximately 62% of the AP companies consider IoT to create a strategic impact to their organisations whereas 25% of the AP companies considers IoT to create a transformational impact in their organizations.

Last but not least, 28% of the organisations considers security concern as the major hindrance to deploying IoT solution in their organizations

The survey was conducted in July and August 2016 and includes over 4,500 respondents from more than 25 countries worldwide, spanning a wide array of industries (including manufacturing, retail, utilities, government, health, and finance).  

 

Related Stories:

The most underutilised source of data for smart cities

MWC2017 was all about 5G and IoT

Fintech and Internet of Things among 2017's hottest startup trends

 For more technology news and the latest updates, follow us on TwitterLinkedIn or Like us on Facebook.

 
Keyword(s) :
 
Author Name :
 

By commenting below, you agree to abide by our ground rules.

Subscribe to SNAP
Download Digerati50 2018-2019 PDF

Digerati50 2018-2019

Get and download a digital copy of Digerati50 2018-2019