Worldwide spending on the Internet of Things is projected to exceed $1 trillion in 2026, according to a new spending guide from IDC

Worldwide spending on the Internet of Things is projected to exceed $1 trillion in 2026, according to a new spending guide from IDC

NEEDHAM, Mass., June 20, 2023–(BUSINESS WIRE)–Worldwide Internet of Things (IoT) spending is projected to be $805.7 billion in 2023, up 10.6 percent from 2022, according to new spending International Data Corporation’s (IDC) Global Internet of Things Guide. Investments in the IoT ecosystem are projected to exceed $1 trillion in 2026 with a compound annual growth … Read more