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Rapid Growth Projected for IIoT Market
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The global Industrial Internet of Things (IIoT) market is set to expand significantly, with projections indicating growth from $147.2 billion in 2023 to $391.8 billion by 2028, boasting a remarkable CAGR of 21.6%.
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How might the rapid growth of the IIoT market impact traditional industrial sectors?
In what ways could the projected CAGR of 21.6% shape the competitive landscape within the IIoT market?
What specific factors are driving the increasing adoption of IIoT solutions globally?
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