MNM helped a global position sensor provider find new revenue opportunities worth USD 80 million in industrial automation and IoT-enabled sensor platforms. MNM also helped the client identify top end-use industries and the highest potential use cases in those industries.
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The Internet of Things (IoT) is predicted to witness a potential opportunity of around USD 650 billion by 2026. Advancements and growing adoption of 5G, increasing necessity of data centers due to the rising adoption of cloud platforms, growing use of wireless smart sensors and networks, and increased IP address space and better security solutions made available through IPv6 are the majpr factors driving the IoT industry.
