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The global internet of everything market is predicted to thrive substantially during the assessment era from 2022 to 2030 at a healthy CAGR of approximately 28.89% to attain a valuation of around USD 2,899.4 Billion by the end of 2030. The market is both fragmented and also competitive due to the presence of several international as well as domestic industry players. The drivers for the market include the increasing use of big data analytics and the opportunities include the growing penetration of connected devices. Challenges for the market include the increase in cyber-attacks and the lack of skilled professionals.