Continuous Expansion of the Internet of Things (IoT) Ecosystem in Various Countries Is One of the Major Factors Driving the I/O-Link Market
I/O link market revenues surpassed US$ 3.5 billion in 2018 and expected to grow at an impressive 12.2% y-o-y in 2019, as per FMI's new study. Key factors responsible for the impressive growth of I/O link market include,
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