Internet Connectivity Expansion Will Boost the IoT Chip Market
The IoT chip market will advance at a compound annual growth rate of 5.5% by the end of this decade, to reach a value of USD 693.8 billion by 2030. This growth is because of the expansion in internet connectivity in developing nations, driving the acceptance of connected devices and the expansion of networking protocols. Logic devices had the largest share in 2021, because of their improved...
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