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Germany Internet of Things (IoT) Market Analysis By Platform, Size, Share, Trend, Competition, Future Growth Forecast 2027 | TechSci Research

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Germany internet of things (IoT) market is expected to grow at a formidable rate during the forecast period. The Germany internet of things (IoT) market is driven by the increasing investments by the government to improve the IT infrastructure in the country. Additionally, growing adoption of big data analytics solutions to manage and analyze the voluminous data generated across various end user industries such as BFSI, consumer goods & retail, manufacturing & engineering, among others. Furthermore, technological advancements such as development of wireless networking technologies coupled with new product launches by the major vendors operating in the market is expected to create lucrative opportunities for the market growth through 2027. However, associated data security and privacy concerns can hamper the market growth over the next few years. With the sudden outbreak of pandemic COVID-19 disease, the world is affected, majority of the businesses are shut down and operations...