According to the latest market research report “Internet of Things Technology Market by Node Component (Processor, Sensor, Connectivity IC, Memory Device, and Logic Device), Network Infrastructure, Software Solution, Platform, Service, End/use Application, and Geography / Global Forecast to 2022”, the IoT technology market is expected to be valued at USD 639.74 Billion by 2022, growing at a CAGR of 25.1% from 2017 to 2022.
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