GIT CONSULTING SDN. BHD.

IoT

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IoT

The Internet of Things (IoT) is a technology that connects to the Internet by embedding sensors and communication functions in various objects. That is, it refers to a technology that connects various things through wireless communication. These devices range from common household items to sophisticated industrial tools. Although there are more than 10 billion IoT devices connected to the network today, experts predict that number will increase to 22 billion by 2025.

It is predicted that the global IoT market will maintain a CAGR of 12.6% until 2023, surpassing $1 trillion (about KRW 1126 trillion) in 2022, and reaching $1.1 trillion (about KRW 1234 trillion) in 2023. .

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