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

IoT-based Asset Management 101

Acuvate

billion by 2028. Monitoring asset health with IoT-based asset management IOT-enabled inventory management software for manufacturing and other sectors can help you assess risks concerning the health of your assets and provide recommendations for corrective action or improvement. Read to know why and how you can ride this wave.