Connected Machines Market Share

Geographically, the connected machines market is segmented into North America, Latin America, Europe, Asia Pacific and the Middle East & Africa region.  North America industry is predicted to account for largest revenue share by 2036, due to growing prominence of Internet of things and rising application of connected devices. The growth of the regional market could be supported by the early adoption of latest technologies and digitalization practiced in several industry verticals. On the other hand, Commercial users in Asia Pacific region are projected to surge the demand for IoT connected machines owing to strong initiatives introduced to improve IT infrastructure and rising adoption of the leading technologies.