According to the latest market research study published by P&S Intelligence, the connected enterprise market is expected to grow from USD 305.2 billion in 2024 to USD 2,981.9 billion by 2030, with a compound annual growth rate (CAGR) of 46.2%. This expansion is driven by the widespread use of smartphones, the growing adoption of digital platforms by businesses, government initiatives to improve telecom infrastructure, and advancements in digital technologies.
In 2022, the remote monitoring segme