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evoortsolutions
In 2023, a total of 41.76 billion IoT or Internet of Things-connected devices are anticipated to be deployed, per ReportLinker. As per Guidehouse Insights’ estimations, The global market for IoT in manufacturing is set to grow to $23.1 billion by 2031, growing at a compound annual growth rate (CAGR) of 15.0%. Industry 4.0 is here, set to boost competitiveness across companies.   A McKinsey research reveals IoT is poised to deliver $1.3 trillion in economic value to the manufacturing sector. Among these also is stand... more