article thumbnail

How IoT Unlocks Uninterrupted Hypergrowth for Retail and CPG

Acuvate

The worldwide internet of things in the retail sector was worth $ 31.99 billion in 2020 and is anticipated to increase at a compound annual growth rate (CAGR) of 26% between 2021 and 2028. Much like every other industry, digital disruption has large-scale implications for the retail and the CPG sector.

article thumbnail

5 Key Cloud Computing Trends to Watch in 2022

Acuvate

Therefore, customers and organizations’ adoption of cloud storage and computing solutions is rising with an estimated growth of 23% in 2021, totalling $332 billion and is expected to reach over $400 billion by 2022. Containerization allows developers to build and deploy applications faster and more securely.

Trends 52