Posts about Market (2)

Market •
Edge computing: Revolutionizing the future of data processing
The edge computing market value is on the rise due to the increasing number of IoT devices and the amount of data they collect.
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Market •
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.

Market •
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.

Market •
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.
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