IoT in Elevators Market Revolutionizing Vertical Transport to Hit...

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2024-07-18 09:37:34 -

IoT in Elevators Market Revolutionizing Vertical Transport to Hit US$ 97.53 Billion

According to a revised study report by Fact.MR, the size of the worldwide IoT in elevator market is projected to reach US$ 33.13 billion in 2024. By the end of 2034, the market is expected to generate US$ 97.53 billion in revenue, growing at an impressive CAGR of 11.4%.The rise in creative building and smart city initiatives may be ascribed to the increased focus on creating and updating...

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