Stay informed with our in-depth articles covering the latest trends and innovations in IoT and data connectivity.
IoT benefits are changing retail stores worldwide. The market is projected to reach US$35.5 billion by 2025, up from US$14.5 billion in 2020 at a CAGR of 19.6%. Retailers are
The IoT insurance market shows remarkable growth potential. Global market value reached USD 15.09 billion in 2023. Experts project this number to hit USD 152.76 billion by 2032, with a
Manufacturing IoT continues to expand rapidly. Market value projections show a surge from $62.1 billion in 2021 to $200.3 billion by 2030, with a 13.9% compound annual growth rate. These
Manufacturing businesses can lose up to $260,000 per hour from unexpected downtime. The benefits of IoT in manufacturing go way beyond the reach and influence of preventing these costly shutdowns.
IoT’s influence on healthcare goes way beyond the reach and influence of visible devices. Connected healthcare technology continues to change patient care at an unprecedented scale, with market projections showing
IoT in retail continues to grow at a remarkable 25.9% each year. Experts now describe IoT as “the digital nervous system of the retail environment”, moving beyond its initial concept.
A remarkable 8 in 10 retail stores say IoT has made their customer experience better. The Internet of Things (IoT) in retail industry is changing the way we shop and
The IoT insurance market will grow from USD 49.40 billion in 2024 to USD 76.73 billion by 2029, with a CAGR of 9.21%. Connected devices are reshaping how insurers assess
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