Global IoT market projected to reach $1111.3 billion by 2026

From helpnetsecurity.com

global IoT market

Organizations around the world are increasingly adopting advanced technologies, which is driving the global Internet of Things (IoT) market.

Fortune Business Insights in a report, titled “Global Internet of Things (IoT) market: Global market analysis, insights and forecast, 2019-2026” states that IoT technology holds significant potential in the ICT sector.

As per the report, the global market was valued at $190.0 Bn in the year 2018 and is anticipated to reach $1111.3 Bn by 2026. The analysts in the report predict that the global market will expand at a ferocious CAGR of 24.7% throughout the forecast years.

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