The huge market demand in the future will bring rare development opportunities and broad development space to the Internet of Things!
Global enterprise IoT spending on IoT will reach $201 billion in 2022, a 21.5% increase from 2021. IoT Analytics Consulting predicts growth of 18.5% in 2023.
From a long-term perspective, IoT Analytics believes that the overall space will reach US$483 billion in 2027.
From a business expense classification perspective, IoT hardware accounts for 44-45%, and IoT services and software account for 26-27% respectively.
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