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The IoT Testing market was valued at $1.9 billion in 2022 and is estimated to reach $30.4 billion by 2032, growing at a CAGR of 32.6%. The market is growing in the North America region due to expanding IoT systems, testing technologies, and applications for smart, connected devices. The need for IoT testing solutions is driven by the North America region’s significant technological advancements and demand for 5G IoT across all business sectors. Furthermore, growth in consumer awareness about the benefits of smart building and home automation solutions fuels demand.
