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The adoption of IoT application enablement platforms is expected to expand at a 26.5% CAGR over the assessment period, with a market valuation of US$ 36 Billion by 2032. 5G, Wi-Fi 6, and LTE connectivity are driving sales in the market. AI and IoT are integrating to offer greater control and visibility of the wide array of sensors and devices connected to the internet. By solution, sales in the IoT application enablement platform segment are anticipated to increase at a 24.3% CAGR through 2032.