Several trends continue to gather momentum, stimulating IoT’s prominence in 2020:s - from Industrial IoT devices to health-and-safety applications.
The global Internet of Things (IoT) market size was valued at USD 595.73 billion in 2023. The market is projected to grow from USD 714.48 billion in 2024 to USD 4,062.34 billion by 2032, exhibiting a CAGR of 24.3% during the forecast period. The Internet of Things refers to the network...
to avoid IoT hardware, but that would be a mistake. Thirty percent of hundreds of billions is a lot. And even if it drops to 20% in a decade, by then the market could be worth a great many trillions. In other words, spending on IoT hardware will increase for the foreseeable future....
IoT in Smart Cities Market is poised to grow at a CAGR of 19.2% by 2030 driven by increasing number of initiatives of smart cities across the globe.
The global IoT market size was valued at $956.0 billion in 2023, and is projected to reach $5,332.3 billion by 2032, growing at a CAGR of 21.3%
Global IIoT Platform Market Segmentation This market has been divided into Types, Applications, and Regions. The growth of each segment provides an accurate calculation and forecast of sales by Types and Applications, in terms of volume and value for the period between 2020 and 2026. This analysi...
It is estimated that there will be over 30 billion IoT devices by 2020. With the increasing trends of IoT devices and its implementation in industries, it is imperative to take note of which trends could influence your business.
IoT Solutions and Services Market is valued at USD 286.35 Bn in 2024, is anticipated to reaching USD 913.67 Bn by 2031, with a steady annual growth rate of 18%.
The growth of this market can be attributed to the rise in increased adoption of smart devices, internet connectivity, advancements in AI, demand for automation, 5G networks, and smart city projects. The Canadian IoT market is projected to have highest CAGR during the forecast period. ...
o Europe Market Size and/or Volume o Asia-Pacific Market Size and/or Volume o Rest of the world Market Size and/or VolumeKey Questions Answered by IoT Microcontroller Market Report1. What was the IoT Microcontroller Market size in 2019 and 2021; what are the estimated growth trends and mar...