Examining the Business Aspects of Indonesia's Internet of Things (IoT) Market

The Internet of Things (IoT) market in Indonesia is poised for substantial growth, with its market size projected to expand from USD 11.33 billion in 2024 to USD 26.5 billion by 2029, reflecting a compound annual growth rate (CAGR) of 15.21% during this period. This growth is driven by the increasing adoption of smartphones, enhanced internet connectivity, and technological advancements that are transforming various sectors, including healthcare, manufacturing, and smart cities.
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