SNS Insider pvt ltd The SNS Insider report indicates that the IoT connected machines market reached a valuation of USD 145.96 billion in 2022 and is anticipated to surge to USD 606.98 billion by 2030, exhibiting a remarkable Compound Annual Growth Rate (CAGR) of 19.5% during the period from 2023 to 2030. Pune, Aug. 03, 2023 (GLOBE NEWSWIRE) — According to SNS Insider analysis, the increasing demand for remote monitoring and control capabilities in various sectors is a crucial driver for the IoT connected machines market . In industries such as healthcare, energy, and transportation, remote monitoring allows real-time tracking of critical parameters, facilitating timely decision-making and prompt responses to emergencies. The pandemic further accelerated the adoption of remote monitoring solutions, emphasizing the importance of connected devices in ensuring business continuity and public safety. Market Report Scope IoT connected machines refer to a network of intelligent devices, appliances, and equipment that are embedded with sensors, software, and connectivity capabilities, enabling them to collect, analyze, and exchange data with other connected devices and central systems. These machines can range from simple household appliances like smart refrigerators and thermostats to complex industrial equipment such as manufacturing robots, autonomous vehicles, and agricultural […]