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IoT global spending set to exceed $1trn by 2026

  • Worldwide IoT investment to touch $805.7bn in 2023, showing a 10.6% rise from 2022, says IDC Internet of Things Spending Guide.
  • Manufacturing sectors will invest the most in IoT, accounting for over a third of global spending; Professional Services, Retail and Utilities follow with 25% of total spending.
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