In 2022, China was the largest regional market for consumer IoT market in Asia-Pacific amounting to around 5.9 billion U.S. dollars. Between 2023 and 2030, the Chinese market was forecast to grow by a compound annual growth rate of 15.7 percent, reaching a projected 18.5 billion U.S. dollars in 2030.
More information on the global consumer IoT market can be found here.
Consumer IoT market size in Asia-Pacific from 2020 to 2022, with a forecast up to 2030, by country
(in billion U.S. dollars)
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Extrapolate. (August 14, 2023). Consumer IoT market size in Asia-Pacific from 2020 to 2022, with a forecast up to 2030, by country (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 20, 2024, from https://www.statista.com/statistics/1409195/asia-pacific-consumer-iot-market-value-by-country/
Extrapolate. "Consumer IoT market size in Asia-Pacific from 2020 to 2022, with a forecast up to 2030, by country (in billion U.S. dollars)." Chart. August 14, 2023. Statista. Accessed November 20, 2024. https://www.statista.com/statistics/1409195/asia-pacific-consumer-iot-market-value-by-country/
Extrapolate. (2023). Consumer IoT market size in Asia-Pacific from 2020 to 2022, with a forecast up to 2030, by country (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 20, 2024. https://www.statista.com/statistics/1409195/asia-pacific-consumer-iot-market-value-by-country/
Extrapolate. "Consumer Iot Market Size in Asia-pacific from 2020 to 2022, with a Forecast up to 2030, by Country (in Billion U.S. Dollars)." Statista, Statista Inc., 14 Aug 2023, https://www.statista.com/statistics/1409195/asia-pacific-consumer-iot-market-value-by-country/
Extrapolate, Consumer IoT market size in Asia-Pacific from 2020 to 2022, with a forecast up to 2030, by country (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1409195/asia-pacific-consumer-iot-market-value-by-country/ (last visited November 20, 2024)
Consumer IoT market size in Asia-Pacific from 2020 to 2022, with a forecast up to 2030, by country (in billion U.S. dollars) [Graph], Extrapolate, August 14, 2023. [Online]. Available: https://www.statista.com/statistics/1409195/asia-pacific-consumer-iot-market-value-by-country/