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ResearchAndMarkets.com s offering. The global rigid-flex PCBs market expected to hit the market value of US$ 5,805.5 Mn in 2028, growing at a Compounded Annual Growth Rate (CAGR) of 4.5% from 2020 to 2028. Prominent factor driving the rigid-flex PCBs market is the continual growth observed across the Internet of Things (IoT) technology. IoT has become a vital technology in the IT industry, utilized to synchronize all the smart objects over an integrated network through the Internet. The technology enable end-users to monitor and control connected devices and processes in real-time.
Additionally, with rising deployment of digital solutions in a bid to transform existing business processes to connected ones, demand for IoT hardware, solution and services expected to increase across the forecast period. The number of connected devices accounted to exceed 20.0 Mn by 2020, thereby driving demand for rigid-flex printed circuit boards worldwide. IT and telecom sector is witness