Strategy Analytics/TechInsights forecasts the Global Annual IoT Revenues will grow at a CAGR of 9% between 2022 and 2030. During the forecast period of 2022-30, Connectivity revenues will start showing slight decrease with a negative CAGR of -1%. Software & Services revenues will increase from 64% in 2022 to 68% in 2030. This report analyses the Global Annual IoT revenues forecast data by year, by vertical markets and by revenue category - Connectivity, Software & Services and Hardware.
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