+27% CAGR to Be Achieved by Industrial Internet of Things Market Based on Market Research, Global Trend and Industry Forecast 2023
The Global Market for Industrial IoT is anticipated to grow at a rapid pace during the forecast period, and the prospects for growth in this market will be driven by the increasing government support and traditional industries' digital transformation to enhance business productivity and sustain a competitive advantage. A key influencing factor for the growth of the IIoT market is the need to implement predictive maintenance techniques in industrial equipment to monitor their health and avoid unscheduled downtimes in the...
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