Internet Of things (IoT) Market to Witness Robust Expansion by 2030

Global Internet of Things (IoT) Market size was valued at USD 156.58 Billion in 2021, and is projected to reach USD 693.94 Billion by 2028, growing at a CAGR of 23.7% from 2022 to 2028.
The Internet of Things (IoT) is quickly becoming the next big thing all over the world. The idea is small devices that are attached to software electronics sensors are connected through a network which helps to share information easily between those linked objects.