#Factoftheweek
South Korea’s mobile M2M and IoT (Net of Points) solutions market is predicted to expand from $578 million in 2024 to around $900 million by 2029, which stands for an 8.6% development price.
GlobalData recommends significant aspects sustaining this development consist of:
- Terrific 5G infiltration.
- Smart producing federal government programs and financial backing.
- Broad need in clever cities, clever structures, linked transport, and extra.
Telcos are packing tool administration systems and industry-specific IoT services to maintain and generate income from business clients. What do you believe? Will South Korea’s telcos end up being significant IoT community engineers?
The message Fact of the Week – 12/1/2025 initially showed up on Connected World.
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