IoT Market Growth Forecast to $153.2 Billion by 2029
The IoT market is expected to reach USD 153.2 billion by 2029 from USD 64.8 billion in 2024, at a Compound Annual Growth Rate (CAGR) of 18.8% during the forecast period.
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...
IoT Market Expected to Reach $153.2 Billion by 2029
The IoT Market is expected to reach USD 153.2 billion by 2029 from USD 64.8 billion in 2024, at a Compound Annual Growth Rate (CAGR) of 18.8% during the forecast period.
The increasing adoption of technology is improving various sectors through up-to-date information and useful perspectives from IoT. The integration of cloud computing with IoT improves vast amounts of data analysis. Consequently,...