Research by the Global Market Studies has reported a CAGR of 15% for the Internet of Things (IoT) Chip Market, growing to USD 128 Billion by 2028.
LAS VEGAS, NEVADA, UNITED STATES, March 18, 2023 /EINPresswire.com/ — Originally Posted : https://www.globalmarketstudies.com/internet-of-things-chip-market/
Research by the Global Market Studies has reported a CAGR of 15% for the Internet of Things (IoT) Chip Market, growing to USD 128 Billion by 2028. The COVID-19 pandemic made connected smart devices unavoidable. With a surge in digitalisation and with highly populated developing economies such as India and China moving towards modernisation, the adoption of IoT elements has increased drastically in recent years.
The Internet of Things (IoT) market encompasses the network of physical devices, vehicles, appliances, and other objects…