The Power of IoT Managed Services Solutions

According to Stratview Research, the IoT Managed Services Market was estimated at US$ 34.36 billion in 2022 and is expected to grow at an impressive CAGR of 12.7% during 2023-2029 to reach US$ 79.58 billion by 2029. The North American region is projected to be the largest market during the forecast period. IoT managed services solutions empower businesses by optimizing device management, ensuring seamless connectivity, and enhancing data security.