The Internet of Things (IoT) Telecom Services Market Size Was Valued at USD 17.09 Billion in 2023, and is Projected to Reach USD 383.7 Billion by 2032, Growing at a CAGR of 41.3% From 2024-2032.
Internet of Things (IoT) telecommunications services encompass a collection of offerings that are designed to streamline the process of connecting and managing IoT devices. The term "IoT" refers to an extensive collection of interconnected devices, including appliances, vehicles, sensors, and actuators, that are all specifically engineered to gather and exchange data independently.