APAC Industrial IoT Market Expected to Reach USD 500 Billion by 2025

The APAC Industrial IoT (IIoT) market is expanding rapidly due to advancements in edge computing and 5G infrastructure, with global spending expected to reach USD 500 billion by 2025. Key technologies such as additive manufacturing, AR/VR, and collaborative robotics are being integrated into IIoT systems, which can significantly enhance productivity and reduce maintenance costs. Qualcomm is diversifying its portfolio beyond handsets, focusing on automotive and industrial IoT markets, aiming for a 50-50 revenue split by the end of the decade. The company leverages its expertise in connectivity and AI to solidify its leadership in these high-growth segments. Despite the promising advancements, challenges remain, including network congestion, interoperability, and security vulnerabilities. Addressing these issues is crucial for maximizing the potential of IoT technologies across various industries.