Illustration: © IoT For All The Internet of Things (IoT) is the interconnectivity of physical apparatuses, vehicles, people, and various objects that are embedded with sensors, software, and network interconnectivity, enabling them to gather and exchange data. In today’s world, where access to data is table stakes, there are still many processes, machines, and other technologies that have yet to be fully connected and considered what the industry deems as smart. This digital transformation is just getting started. According to Grand View Research , the global IoT device management market size was valued at USD 1.88 billion in 2022 and is expected to register a compound annual growth rate (CAGR) of 34.9 percent from 2023 to 2030. The growing focus of enterprises on controlling linked devices and improving operational efficiencies across industry verticals is expected to boost the demand for IoT device management. IoT.nxt The constant expansion of IoT is a clear indication that it is here to stay and will continue to play a crucial role in shaping the future. Despite some processes, machines, and other entities not yet being connected, it is only a matter of time before they will need to be integrated into this technology-driven […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
