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Global IoT Data Management Market to Grow at a CAGR of 24.7% Reaching Over $10.98 billion by 2028

Summary by Ground News
The global IoT data management market achieved revenue growth of USD 1.52 billion in 2021 and is estimated to grow with a compound annual growth rate (CAGR) of approximately 24.7 percent to reach around USD 10.98 billion by 2028. The Internet of things (IoT) is an embedded system consisting of digital, computing, and mechanical devices, objects, humans, and animals, that are interconnected & capable of transferring data. The global market has a presence in sectors like life sciences, healthcare industry, energy & utilities, manufacturing, etc.
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