
IoT-based Remote Tank Monitoring to Exceed 25.5 Million Installations by 2028
- Chinmay
- December 13, 2024
- Industrial IoT
- asset monitoring, industrial IoT, IoT for sustainability, IoT in India, process equipment monitoring, Remote Tank Monitoring, RTM solutions in Asia, smart asset management
- 0 Comments
The adoption of Remote Tank Monitoring (RTM) is accelerating globally, with the installed base of active systems projected to grow from 9.3 million units in 2023 to 25.5 million units by 2028, according to a report by Berg Insight. This remarkable growth, at a compound annual growth rate (CAGR) of 22.4%, highlights the increasing relevance of IoT technology in process …
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