CompTIA Names Top 10 Applications For Artificial Intelligence And Internet Of Things In 2021 Emerging Technology List
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CompTIA Names Top 10 Applications for Artificial Intelligence and Internet of Things in 2021 Emerging Technology List
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The global 5G IoT market size is projected to grow from USD 2.6 billion in 2021 to USD 40.2 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 73.0% during the forecast period.
The growth of this market can be attributed to the growing demand for new emerging use cases, such as smart grid, telemedicine, connected cars, and industrial automation.
The managed services segment is expected to grow at the highest CAGR during the forecast period
Managed services in the 5G IoT market outsource a complete network or a part of it on a proactive management basis to improve the network operations and reduce the organizational expenses. Businesses deploy 5G IoT solutions to manage four elements: products, processes, people, and infrastructure. In industries, advanced sensors, control systems, and software applications work together to obtain and share real-time information as finished goods make their way dow