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 …
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IoT in Utilities Market: $41.8 Billion in 2022, Expected to Reach $129.1 Billion by 2032
Over the course of the forecast period, the IoT market for utilities is estimated to produce US$129.1 billion, with a compound annual growth rate of 11.9%. The growing support from many governments will likely drive market development in the future years. It is projected that the business would bring in $41.8 billion by 2022. The increasing significance …