Story cover for Industrial IoT Automation Market to Reach USD 229.4 billion by 2033 by mandarsh123
Industrial IoT Automation Market to Reach USD 229.4 billion by 2033
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Ongoing, First published Sep 03
According to Research Intelo, the global Industrial IoT Automation market size in 2024 stands at USD 98.2 billion, reflecting robust adoption across diverse industrial sectors. The market is experiencing a healthy compound annual growth rate (CAGR) of 9.8% and is forecasted to reach approximately USD 229.4 billion by 2033. This impressive growth trajectory is driven by escalating demand for real-time data analytics, increasing deployment of connected devices, and the ongoing digital transformation of industrial processes worldwide.
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