The IoT market for utilities is projected to generate US$129.1 billion at a compound yearly growth rate of 11.9% throughout the course of the forecast period. In the upcoming years, the expanding assistance from several governments is probably going to propel market expansion. By 2022, it is anticipated that the company would generate $41.8 billion …
Tag Archives: IoT In Utilities Market size
IoT in Utilities: $129.1B Market with 11.9% CAGR, Backed by Governments
The market for IoT in utilities is expected to generate US$129.1 billion while showing a CAGR of 11.9% during the projected period. In the upcoming years, market expansion is probably going to be fueled by the increasing backing from several governments. In 2022, the industry is anticipated to generate $41.8 billion in revenue. The government of several …
Continue reading “IoT in Utilities: $129.1B Market with 11.9% CAGR, Backed by Governments”