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The global hyperconnectivity market is projected to reach $2.2 trillion by 2031, growing at a compound annual growth rate (CAGR) of 21.7% from 2021 to 2031. Hyperconnectivity refers to the increasing interconnectedness of people, devices, and information, enabled by the rise of smart devices, the internet of things (IoT), and cloud-based technologies. The market growth is driven by increasing demand for IoT and cloud-based technologies, and advancements in communication technologies.
