According to the report, the global IoT integration market generated $3.8 billion in 2021, and is estimated to reach $78.1 billion by 2031, witnessing a CAGR of 35.4% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario. Rise in demand for IoT …
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IoT Integration Market Size to cross USD 78.1 Billion by 2031
Rise in demand for IoT applications and the increase in penetration of IoT-powered smartphones and smart wearables are expected to fuel the growth of the global IoT integration market. However, the higher installation costs and complex infrastructural requirements hinder market growth. On the other hand, advancements in the field of IoT and cloud technology present …
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