Iiot Platform Market Size Surges To $18.2 Billion By 2028 – Led By Software Ag, Ptc, Hitachi, Ibm| Marketsandmarkets™

The global IIoT Platform Market is projected to grow at a CAGR of 13.9% during the forecast period, driven by the proliferation of IoT devices and increased government initiatives in R&D activities related to IoT. The rise in demand for automation and the emergence of new technologies like 5G and IPv6 are also contributing to the growth of the market. The market is expected to reach a value of USD 18.2 billion by 2028.