Too Long; Didn't Read
The global IoT market is to grow at a CAGR (Compound Annual Annual Growth Rate) of 26.49% during all these years. McKinsey says it could create up to $12.6 Trillion in global economic value in the next eight years. Companies can use IoT app development services to anticipate the lifecycle of assets, predict customers’ demand, and explore enormous opportunities in the connected economy. In uncertain market conditions, IoT gives businesses a great extent of certainty. It enables predictive modeling and helps create high-performant business systems.