Internet of Things Market 2021 Growth, COVID Impact, Trends Analysis Report 2027

The global impact of COVID-19 on the Internet of Things (IoT) market size is expected to increase from $150 billion in 2019 to $244 billion in 2021 with an average annual growth rate (CAGR) of 13% over the forecast period. Key factors driving the market growth include increased interest in remote monitoring of working from home, increased adoption of smart payment technologies to minimize human contact related to cash payments, and increased demand for wearable devices.

A full report of COVID-19 Impact on the Internet of Things (IoT) Market is available at: https://www.orionmarketreports.com/variable-refrigerant-flow-systems-market/45666/

COVID-19 Impact on the Internet of Things (IoT) Market Segmentation

By Component

• Platform
• Solutions
• Services

By Vertical

• Banking financial services and insurance
• Healthcare,
• Retail, Transportation
• Utilities
• Government and defense
• Others

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(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)