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IoT in Product Development: Driving Smart Innovation Across Industries
Introduction The IoT in Product Development Market is booming — valued at USD 43.25 billion in 2024, it is forecast to hit USD 131.58 billion by 2032, growing at a 15% CAGR. But what’s behind this surge? Businesses today demand smart, connected, and efficient products to cut costs, automate operations, and enhance customer experiences. From smart homes and wearables to industrial...
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