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IoT in Retail Market: Data Analytics and Consumer Insights
One of the most powerful aspects of the IoT in Retail Market is its ability to collect and analyze vast amounts of consumer data. Valued at USD 61.54 billion in 2024 and set to reach USD 369.73 billion by 2032, this market leverages IoT devices to deliver actionable insights that drive decision-making. IoT sensors track customer foot traffic, product interaction, and in-store behaviour. This...
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