Posts about Market (2)

Industries consume 32% of EU’s final energy

The industrial sector represents nearly one third of the final energy consumption in the European Union, leaving industries highly exposed to the energy crisis.

Industries can increase revenue by up to 40% after IIoT PoCs

With the number of organizations piloting Industrial IoT on the rise, more industrial enterprises are turning to IoT as a way of reducing costs.

5G connections in industrial facilities are on the rise

49 million 5G connections are expected in manufacturing and industrial premises worldwide by 2030, generating USD 2.4 billion in revenue for connection suppliers by 2030.