Russian IoT market reached USD 1.2 bln in 2016

2017-05-17 10:18:08 | Source:Telecompaper

The Russian IoT market totaled USD 1.2 billion in 2016, reports Telecompaper on May 16, 2017, citing a study from AC&M Consulting. Operators earned RUB 7.6 billion from IoT, less than 10 percent of the total size of the market. Operator IoT revenues grew by 25 percent year-on-year in 2016; growth totaled 30 percent in 2015.

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