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Juniper Research: IoT Connections to Reach 83 Billion by 2024, Driven by Maturing Industrial Use Cases

A new study from Juniper Research found that the total number of IoT connections will reach 83 billion by 2024, rising from 35 billion connections in 2020. This represents a growth of 130% over the next 4 years. The research identified the industrial sector as a key driver of this growth. It forecast that this expansion will be driven by the increasing use of private networks that leverage cellular networks standards.

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