North America Market Statistics
North America industry is set to account for largest revenue share by 2037, on account of growing requirements for continuously improving the operation efficiency of businesses in the region. Moreover, the growing requirements for continuously improving the operation efficiency of businesses in this region is further anticipated to increase the product demand.
APAC Market Analysis
On the other hand, the market in Asia Pacific region is predicted to grow at the highest rate during the forecast period as a result of growth in digitalization, number of internet users, demand for analytics and tracking solutions in the region, particularly in countries such as China, India and Japan where the number of internet users and IoT devices is anticipated to grow remarkably.
Author Credits: Abhishek Verma
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