details

Global Internet of Things (IoT) Market Size was Valued at USD 164 Billion in 2018 and is Expected to Grow at a CAGR of 38.62% by 2025 | Valuates Reports

There are already tens of billions of these IoT connected devices around the world and this number is expected to increase as the IoT market continues to expand.

The introduction and evolution of IPv6 along with high-speed internet connectivity is predicted to drive the organizations demand for connected technologies.

Such technologies exchange data and information to give consumers added convenience, and even allow users to automate basic processes. This emergence of automation technology in various sectors, including manufacturing, has led to increased adoption of IoT and has created a huge growth potential. Read more…