Cellular IoT and IPTV Markets Set for Explosive Growth by 2034
The global technology landscape is witnessing remarkable growth across various sectors. The cellular IoT market is anticipated to expand significantly, with projections indicating a rise from $7.21 billion in 2024 to $25.36 billion by 2029, fueled by advancements in cellular technology and the rise of smart city initiatives.
In the industrial domain, the Industrial IoT market is also evolving, showcasing the importance of key players and regional growth dynamics. Meanwhile, the IPTV market is set to grow from $67.6 billion to $194.2 billion by 2034, driven by technological innovations and increasing consumer demand for high-definition content.
The space-based network sector is on the verge of a transformation, with significant investments in satellite technology, aiming for a valuation exceeding $50.2 billion by 2033. Lastly, the Ethernet PHYs market is projected to reach $23.84 billion by 2034, highlighting the need for high-speed connectivity across diverse applications.
This interconnected growth underscores the rapid advancement of technology and its profound impact on various industries.
The press radar on this topic:
IPTV Market Forecast to Reach $194.2 Billion by 2034, Driven by 11.1% CAGR Growth
Ethernet PHYs Market to Reach USD 23.84 Billion by 2034, Driven by High-Speed Networking and IoT Expansion
Industrial IoT Market Size, Share, Trends, Company Profiles, Emerging Technologies, Industry Growth, Segments, Landscape, and Demand by Forecast until 2032
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