According to a new report by UnivDatos, the Industrial IoT Market is expected to reach USD ~billion by 2032 by growing at a CAGR of ~20.5%. Introduction Industrial IoT is the emerging platform system that allows machines, sensors as well as people to be connected in industries of different fields. Industrial IoT establishes the connection between interconnected internet-capable devices along...

The MENA Industrial IoT Market was valued at 17.8 billion in 2022 and is expected to grow at a steady rate of around 15.5 % in the forecasted period (2023-2030). In the United Arab Emirates (UAE), the Dubai Electricity and Water Authority (DEWA) has deployed IoT-enabled smart grids to monitor and manage energy distribution more efficiently. By integrating renewable energy sources and leveraging...