James: IoT usage awareness growingMu Space has affirmed its plan to develop the Internet of Things (IoT) here to support future 5G technology. In Thailand, IoT awareness is growing through adoption but is still in the early stages. The company is planning to develop an IoT product like smart apparel to record health data used for medical diagnosis. According to Frost & Sullivan research, Thailand's IoT spending in 2014 amounted to US$58 million (1.88 billion baht) and is forecast to increase to $973 million by 2020. "In the future, proliferation of IoT in Thailand is expected to be among the highest in Southeast Asia, due to lower initial IoT spending," Mr James said.

Source: Bangkok Post September 23, 2018 23:37 UTC