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The United States and China IoT communication protocol markets are expected to be worth US$ 7.5 Billion and US$ 2.1 billion respectively by 2032. Consumer electronics are integrating IoT communication protocols as they enable connectivity and communication across devices. These protocols give data sharing a defined structure and make it possible for devices from various manufacturers to work together. Bluetooth is often utilized in audio and wearable technology. Standardization and interoperability through IoT communication protocols are vital as IoT devices are being adopted more widely in consumer electronics. Demand for IoT communication protocols that can support edge devices is expected to increase.