ABI Research: demand for IoT solutions in the world declined by 18%Olga Blinkova | 07.06.2020
The company ABI Research estimated that the demand for IoT solutions in the world fell by 18%, mainly due to cancellation and rescheduling of projects in the field of transport, entertainment and trade. All of these
sphere has significantly reduced investment in capital investment.
However, many companies are considering projects in the field of the Internet of things as support during the recovery after the pandemic. However, the recession is caused by a coronavirus, will give many
companies to implement their plans.
However, as IDC expects that, by 2023, IoT sector will recover, and the total expenditure in this area will exceed $1 trillion per year.
The Internet Of Things (IoT)
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