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The worldwide internet of things in the retail sector was worth $ 31.99 billion in 2020 and is anticipated to increase at a compound annual growth rate (CAGR) of 26% between 2021 and 2028. Technology has evolved tremendously in the last few years to understand and respond to human behavior with greater accuracy and agility.
Seasonal and economic environments are leading to significant variations in demand, a new competitive landscape is evolving with respect to digital technology transformation, and new regulations and standards are keeping CPG industries on their toes. Billion by 2028. Asset Management in CPG using Digital Twins: Benefits.
billion by 2028. Automation is one of the most crucial advantages of any technology implementation, and IoT-based asset management is no different. With 16+ years of experience in cutting-edge technologies like IoT, AI, and data analytics, Acuvate is the one-stop solution for your asset management constraints.
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