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The Enterprise Internet of Things (IoT) market is experiencing substantial growth, revolutionizing how businesses operate and interact with their environments. The Enterprise IoT market size is expected to be worth around USD 1819.2 Bn by 2032 from USD 529.3 Bn in 2022, growing at a CAGR of 13.5%. IoT solutions offer immense potential across diverse sectors, including manufacturing, healthcare, transportation, retail, and energy, among others. Security, interoperability, data privacy, scalability, and legacy system integration are critical considerations when adopting IoT solutions.
