Key Drivers Shaping the IoT Platform Market Growth
The IoT Platform Market Analysis is expected to rise from USD 199.6 Million in 2024 to USD 2056.58 Million by 2035, reflecting a CAGR of 23.6%. Increasing industrial automation and the proliferation of connected devices are central to this growth.
AI and machine learning integration with IoT platforms allows organizations to improve decision-making, predict system failures, and enhance...