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APAC On Its Way to Become a Global Leader in IoT Spending
Governments and enterprises in the Asia-Pacific region, barring Japan, are investing heavily in Internet of Things (IoT) to enhance productivity and efficiency, and build smart city infrastructures. This year, the region is expected to become the global leader for IoT spending, with almost 37 per cent of the worldwide spend, followed by the US and Western Europe, with over 26 per cent of the worldwide share.
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