Kingdom Industrial IoT
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As per recent reports, ‘The global IoT market is expected to grow at a CAGR of 31.72% from 2014 – 2020’. Industries are looking at leveraging IOT to reduce unplanned downtime and open up a new era of economic growth.
According to research, MENA’s IoT market is expected to be worth $8 billion by 2020 out of which 30% will be generated by Saudi IoT market, worth $3 billion. Smart Refineries, connected building and industries will be the dominant sectors in the next five years accounting for 98% of KSA IoT revenue.
The Kingdom Industrial IoT organized by Fleming helps you expand the capabilities of industrial control networks through IoT technologies and learn how to implement IoT in your business models.