Industrial IoT Market Is Expected to Witness High Growth During 2019 to 2025
Industrial IoT Market is expected to grow from USD 64.0 billion in 2018 to USD 105.4 billion by 2025; it is estimated to grow at a CAGR of 7% during 2019–2025. Technological advancements in semiconductor and electronics devices, increasing use of cloud computing platform, standardization of IPv6, support from governments worldwide, and decreasing cost of automation are the key factors fueling the growth of this market.
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