Global Market Size of Internet of Things (IoT) Market – 10 Year Market Forecast

ICT

Internet of Things (IoT) Market Size Forecast 2022-2029

Internet of Things (IoT) is estimated to have a market value of USD 591.92 Billion in the year 2022 and is expected to reach USD 1870.39 Billion by the year 2029, giving a CAGR of 18%. Rising focus on active patient engagement and patient centric care and growing need for adoption of cost control measures in healthcare could drive the market towards growth. However, Outdated infrastructure could hamper the growth.

Frequently Asked Questions(FAQ)

• What is the forecast period for this market report?

• The forecast period for this market report is between 2022-2029.
• Who are the key players of this market?

• Medtronic, Cisco Systems and IBM Corporation are some of the key players of this market.
• How many countries are considered for this market report?

• 20 countries are considered for this market report.
• What are the segments of this market?

• The segments of this market are by software, region and application.
• What is Global Market Database?

• Global Market Database is a cloud based market research and intelligence tool that provides up to date market information about 600+ markets.

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