MarketsandMarkets quoted by Quantify as a source for IoT market in their article published by MarketScreener
Internet of Things (IoT) is basically made up of several devices, connected together, which enables to transfer data without any human interaction or intervention. The global IoT market is projected to be worth USD 561.04 billion by 2022, growing at a CAGR of 26.9% between 2017 and 2022, driven by the development of wireless networking technologies, increasing adoption of cloud platform, advent of advanced data analytics and data processing, and reduction in cost of connected devices.
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Report mentioned in the above news is,
Internet of Things (IoT) Market by Software Solution (Real-Time Streaming Analytics, Security Solution, Data Management, Remote Monitoring, and Network Bandwidth Management), Service, Platform, Application Area, and Region - Global Forecast to 2022.
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