Page 7 - AsiaSiliconValley
P. 7
Overview of Industrial
Development
1 Output Value
The output value of Taiwan's IoT industry grew from NT$0.83 trillion in
2016 (accounts for 4.02% of the global output value) to NT$1.17 trillion in 2018,
surpassing the NT$1 trillion mark for the first time and accounting for 4.24%
of the global output value. It is expected to grow to NT$1.3 trillion in 2019 and
account for 4.30% of the global output value (Figure 1).
4.35 1.40
4.30 1.20
Global share% 4.20 1.00 Output valueNTD trillion
4.25
4.15
0.80
4.10
0.60
4.05
4.00
3.95 0.40
3.90 0.20
3.85 0.00
2016 2017 2018 2019(e)
Global share 4.02% 4.10% 4.24% 4.30%
Output value 0.83 0.98 1.17 1.30
Source: National Development Council "Asia Silicon Valley Development Plan Progress and Results" (2020.04.13).
Source: National Development Council "Asia Silicon Valley Development Plan Progress and Results" (2020.04.13).
Figure 1 Production value of Taiwan's IoT industry in 2016-2019
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