TraceSafe : How Internet of Things is changing the industrial sector

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TraceSafe : How Internet of Things is changing the industrial sector
editor_iot
7/07/2021 – 12:08

“The industrial IoT market (IIoT) is predicted to reach $1.11 Trillion USD by 2027 as the industry is undergoing an IoT revolution, also known as Industry 4.0. The research, conducted by mobile satellite communications company Inmarsat, found 65% of mining organizations have fully deployed at least one IoT-enabled project across their sites, while 33% of respondents said they are trialing the technology. The research found that 69% of surveyed companies were planning to begin IoT projects within the next two years.”

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