China’s IoT spending to reach US$298 billion by 2026

In 2021, the global enterprise-level investment in the Internet of Things was about US$681.28 billion, which is expected to increase to 1.1 trillion US dollars in 2026, with a five-year compound growth rate (CAGR) of 10.8%. Affected by the epidemic, IDC slightly reduced the total spend forecast of China’s Internet

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