Global retail IoT connections set to hit 217 million by 2028

The retail industry’s digital transformation continues to accelerate. Cellular IoT connections are expected to reach 217.7 million by 2028, growing at a compound annual growth rate (CAGR) of 10% from 147.9 million connections in 2023. This significant growth reflects the retail sector’s increasing reliance on connected devices and smart technologies to enhance operations and customer... Read more » The post Global retail IoT connections set to hit 217 million by 2028 appeared first on Internet of Things News.

Global retail IoT connections set to hit 217 million by 2028

The retail industry’s digital transformation continues to accelerate. Cellular IoT connections are expected to reach 217.7 million by 2028, growing at a compound annual growth rate (CAGR) of 10% from 147.9 million connections in 2023. This significant growth reflects the retail sector’s increasing reliance on connected devices and smart technologies to enhance operations and customer... Read more »

The post Global retail IoT connections set to hit 217 million by 2028 appeared first on Internet of Things News.