Internet of Things (IoT) Market Share, Growth, Scope, Emerging Trends, Business Challenges
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The increasing demand of digital transformation and growing adoption of cloud-based deployment models and low operating costs is expected to drive the growth of the Global Internet of Things (IoT) Market in the forecast period of 2024-2028. According to TechSci Research report, Internet of Things (IoT) Market - Global Industry Size, Share, Trends, Opportunity, and Forecast. 2018–2028, the Global Internet of Things market is anticipated to register a robust growth during the forecast period, 2024-2028 . The Global Internet of Things Market is rising owing to the increasing demand for digital transformation in industries, rising penetration of internet and growing mobile devices adoption. Moreover, the growing popularity of smart city technologies has encouraged stakeholders to increase their penetration into undeveloped regions. The demand for smart houses and buildings will further increase the popularity of smart meters, smart lighting, and sensors. It is important t...