Rapidly evolving trends are driving change in the Internet of Things (IoT) sector, which itself is growing exponentially. The IoT market is forecast to grow at a 25.4 percent CAGR rate, zooming from $381 billion in 2021 to $1.8 trillion to 2028, according to Fortune Business Insights.
Going into 2022, the vast number of IoT devices that connect and communicate with one another will help business operations work still more efficiently.
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