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IoT market spend likely to grow to $1.29 tn in 2020

IoT

Digital technology like Internet of Things (IoT) is poised to transform the way businesses generate and consume data and the worldwide IoT market spend is expected to grow to $1.29 trillion in 2020, says a report.

A key factor driving its adoption is the increasing realisation of the value that IoT brings along with improving the customer experience.

In addition, most businesses today are either at a starting point in their IoT journey or are at some stage considering an IoT deployment which, in turn, will lead to a significant uptrend in the adoption of IoT.

According to an IDC-Aeris report, the worldwide IoT market spend will grow from $625.2 billion in 2015 to $1.29 trillion in 2020, with a compounded annual growth rate (CAGR) of 15.6 per cent.

“Today, IoT has gone way beyond tagging and tracking and has entered diverse domains and is enabling a range of business benefits,” said Rishi Bhatnagar, President of Aeris in India.

Source: http://www.thehindubusinessline.com/info-tec

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Setup and Activate Roku Account online

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Home Business Opportunities: Where Marketing is King

posted by holgerson 3 months ago
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Mirror your roku with android and window phone

posted by rokulinkactivationus 3 months ago
tags: technology business blog

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Business Analyst Training& Placement for USA Candidates

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What are the advantages of doing business online

What are the advantages of doing business online

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