Internet of Things Market to Reach USD 1,158.3 Billion by 2035: Industrial IoT Driving Market Demand
Market Overview According to MarketGenics, the global Internet of Things (IoT) market is valued at USD 530.1 billion in 2025 and is projected to reach USD 1,158.3 billion by 2035, registering a CAGR of 8.1% during the forecast period. The market is expanding as enterprises increasingly deploy connected devices, intelligent sensors, and real-time data platforms to improve operational efficiency,...
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