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The global IoT solutions and services market is expected to reach US$ 951.9 billion by 2030, growing at a CAGR of 18.3% during the forecast period. This growth is driven by the increasing adoption of new technologies and digital initiatives, as well as the need for process automation and business insights. The market offers a variety of services for designing, developing, implementing, and managing IoT solutions, making it a key player in the digital transformation of businesses.