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IoT Analytics this week published a 114-page statement on the “State of the Internet of Effects – Spring 2022 edition”. The report delivers an updated view of the current IoT market and forecast, significant macroeconomic developments, the 100 largest IoT-related backing rounds, and much more.
The chip shortage continues to unhurried the Internet of Things (IoT) market recovery, rendering to our newest State of IoT—Spring 2022 report, released in May 2022. As a result, global IoT connections grew 8% in 2021 to 12.2 billion lively endpoints, representing meaningfully lower growth than in previous years.
Despite a successful request for IoT solutions and confident sentiment in the IoT community and most IoT end markets, IoT Analytics imagines the chip shortage’s impact on the amount of connected IoT devices to last well beyond 2023. In addition, the continuing COVID-19 pandemic and general supply chain disruptions are extra headwinds for IoT markets.
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