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Turkey IoT Market - Industry Size, Share, Trends, Opportunity and Forecast, 2027 | TechSci Research

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Turkey IoT market is expected to witness robust CAGR for the forecast period, 2023-2027. The rise in the number of cyber-attacks and fraudulent activities is driving organizations to adopt the internet of things for enhanced data security, security of equipment, among others, is expected to drive the Turkey IoT market. High penetration of internet services and the proliferation of smart devices are contributing to fuel the market growth. The presence of robust manufacturing infrastructure, advanced banking and communication services, and smart retailing services in Turkey is influencing the demand of the IoT market. The growing number of initiatives by the leading authorities to implement advanced technologies to enhance the quality of life is fueling the adoption of IoT by prominent industry verticals. The rapid urbanization of people in search of better job opportunities and improved living standards is aiding the government to make plans for infrastructural development equipped wit...