- July 7, 2021
- Posted by: Stratford Team
- Category: Business
Internet of Things connected devices are expected to exceed 66 billion by 2026, finds Frost & Sullivan
SANTA CLARA, Calif., July 7, 2021 /PRNewswire/ — Frost & Sullivan’s recent analysis finds that organizations worldwide are inclined to invest in hybrid and multi-cloud information technology (IT) environments that can support users, applications, and data spread across diverse locations. As businesses recover from the impact of COVID-19, their top goals include improving efficiency, productivity, and customer experience, and are increasingly relying on data. Internet of Things (IoT) connected devices across the globe are expected to exceed 66 billion in 2026 at a compound annual growth rate (CAGR) of nearly 15% from 2017.
Data Use and Management
For further information on this analysis, Post-Pandemic Digital Transformation Creates Opportunities in Data Use and Management, please visit: http://frost.ly/5va
“Robust data management platforms are likely to…