Remove 2028 Remove Examples Remove Internet of things Remove Technology
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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. Technology has evolved tremendously in the last few years to understand and respond to human behavior with greater accuracy and agility.

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IoT-based Asset Management 101

Acuvate

billion by 2028. Collecting real production and inventory data, reducing waste, and shortening cycle times are examples of sophisticated IoT usage in asset management. Automation is one of the most crucial advantages of any technology implementation, and IoT-based asset management is no different. So let’s dive right into it.