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2023 represented a tipping point for IoT when the sector stepped out from under the shadows of over-ambitious market size predictions and started to deliver on the promise of an IoT-enabled world. There’s still a long way to go but mass-scale deployments are routinely happening and tens of billions of IoT connections are being added each year. This is being enabled by the confluence of available technology, wider choice of connectivity, especially in the cellular market, and more maturity in IoT security, certification, compliance and business models.
