IoT In Action

IoT in Retail Market Size Worth $94.44 Billion By 2025 | CAGR: 21.5%

The global Internet of Things (IoT) in retail market size is expected to reach USD 94.44 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a 21.5% CAGR during the forecast period. Increasing demand for improved flexibility, multiple distribution channels, better service, and enhanced experience are expected to provide impetus to industry growth over the forecast period