Worldwide Spending on the Internet of Things is Forecast to Surpass $1 Trillion in 2026
- Hrishikesh
- June 22, 2023
- Business, Internet of Things
- Advanced communication networks, and innovation, Connected future prospects, Data-driven operations, efficiency, Global IoT spending, Interconnected devices era, Internet of Things growth, IoT opportunities for businesses, IoT solutions for industries, Operational efficiency improvements, Optimization of manufacturing processes, oT investments, Personalized customer experiences, productivity, Real-time data gathering, Revolutionizing connectivity, Smart cities and efficient public services, Supply chain management enhancement
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The Growing Influence of IoT: Investing in a Digital Future The global spending on the Internet of Things (IoT) is on a steady rise, with the latest forecast by the International Data Corporation (IDC) indicating a substantial increase. According to the IDC Worldwide Internet of Things Spending Guide, the projected expenditure for 2023 is $805.7 billion, marking a significant 10.6% …
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