IoT Market Expansion to Drive Value to $153.2 Billion by 2029

added article IT, Cloud, Software and Technology

2024-10-14 07:37:27 -

The market for IoT is expected to grow significantly from USD 64.8 billion in 2024 to USD 153.2 billion by 2029, reflecting a CAGR of 18.8% during the forecast timeline. The requirement for real-time data analytics and automation in different industries drives the IoT Market. They have retained customers by offering improved efficiency, cost savings, and better user experiences. Utilizing IoT...

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