Role of IoT in Retail: Benefits and Cost
Did you know that the global IoT in retail market size was valued at USD 57.30 billion in 2024. The market is projected to grow from USD 70.07 billion in 2025 to USD 350.85 billion by 2032, exhibiting a CAGR of 25.9% during the forecast period.The Internet of Things (IoT) is redefining the future of retail, offering intelligent solutions that bridge the gap between physical and digital shopping experiences. With smart devices, connected sensors, and real-time data analytics,
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