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Sensor Hub Market Expected to Soar to USD 47.24 Billion by 2029, Growing at a Robust CAGR of 18.95%
Summary: The global Sensor Hub Market, valued at USD 11.78 billion in 2021, is projected to achieve USD 47.24 billion by 2029, representing a compound annual growth rate (CAGR) of 18.95%. This growth is driven by increasing demand across various applications including consumer electronics, automotive, and industrial sectors.
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Private Narrowband IoT Market Poised for Explosive Growth: Expected to Reach USD 265.08 Bn by 2030
Summary:
The global Private Narrowband IoT (NB-IoT) Market, valued at USD 2.69 Bn in 2023, is set to experience an astonishing growth rate with a projected CAGR of 92.6% from 2024 to 2030. This rapid expansion will drive the market to an estimated USD 265.08 Bn by the end of the forecast period, showcasing the increasing adoption of NB-IoT across various sectors.
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