IoT Connected Machines Market to Surpass USD 606.98 Billion by 2030 owing to Growing Demand for Remote Monitoring and Emergence of Industry 4.0 and Digital Transformation

The SNS Insider report indicates that the IoT connected machines market reached a valuation of USD 145.96 billion in 2022 and is anticipated to surge to USD 606.98 billion by 2030, exhibiting a remarkable Compound Annual Growth Rate (CAGR) of 19.5% during the period from 2023 to 2030. According to SNS Insider analysis, the increasing demand for remote monitoring and control capabilities in various sectors is a crucial driver for the IoT connected machines
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