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/PRNewswire/ -- The IoT in manufacturing market 2021 value stood at an estimated $62.1 billion, and it will increase to $200.3 billion by 2030, at a 13.9% CAGR...
Share this article Share this article ResearchAndMarkets.com's offering. The global 5G Industrial IOT market size is projected to grow from USD 0.5 billion in 2020 to USD 15.7 billion in 2026, at a Compound Annual Growth Rate (CAGR) of 79.1% during the forecast period. The major factors driving the growth of the 5G Industrial IOT market include growth in data traffic due to increasing number of IoT devices across manufacturing industries, increasing demand for high reliability and low latency networks in manufacturing industries, growth in number of M2M connections across manufacturing indust...