Table of Contents

China to Replace US as World’s Largest Lot Market in 2024

China will surpass the United States to become the largest Internet of Things (IoT) market in the world by 2024, according to a recent estimate.

Read: Impact of Climate Change on Living Things 2023

International Data Corporation (IDC) projected that China’s expenditures on the Internet of Things (IoT) will reach over $300 billion by 2024, with the annual growth rate remaining at 13% for the subsequent five years.

IDC data indicates that by 2024, China will account for 26.7 percent of global spending on the Internet of Things, trailed by the United States at 23.8 percent and Western Europe at 23.4 percent.

By 2024, among the 20 projects included by the IDC’s analysis, manufacturers, governments, and consumers will account for most of total market spending.

Read: How to Sell Your Property Quickly in 2023

Jonathan Leung, a senior market analyst at IDC China, stated that the nation’s IoT market was disrupted by Covid-19 and that IoT expenditure across all industries would decrease by mid-2020.

You can also invest in other famous and most in demand housing societies, such as , Blue World City,  Rudn Enclave7 Wonders City PeshawarTaj ResidenciaKingdom Valley,  New Metro City Gujar KhanForest Town RawalpindiUniversity Town RawalpindiICHS TownPark View City IslamabadMulti Gardens B17 Islamabad and Nova City Islamabad.

Al Sadat Marketing please contact 0331 1110005 or visit https://alsadatmarketing.com/

Few more real estate housing schemes which are trending now a days in Islamabad by including: Faisal Town Phase 2Prism Town Gujar KhanNew City ParadiseEighteen Islamabad7 Wonders City IslamabadCapital Smart City,  Silver City IslamabadThe Life Residencia,  Faisal Town IslamabadIslamabad Golf CityIslamabad Model Town and Marble Arch Enclave.

Al Sadat Marketing is an emerging Real Estate Agency headquartered in Islamabad, Pakistan. With over 10+ Years of experience, Al Sadat Marketing is providing its services and dealing all trending housing societies projects in different cities of Pakistan. Islamabad Projects, Rawalpindi Projects, Gujar Khan Projects, Burhan Projects, and Peshawar Projects etc.

Book Your Plot Now: +92 331 111 0005

Tags :

Share :

About Author
About Author

Syed Sadat Hussain Shah

Leave a Reply

Your email address will not be published. Required fields are marked *