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According to a report by Grand View Research, the global Internet of Things (IoT) retail market size was valued at $31.99 billion in 2020 and is expected to expand rapidly with a compound annual growth rate (CAGR) of 26.0% from 2021 to 2028. This robust increase can be attributed mainly to the inclusion of digital and in-store operations within the retail sector. As IoT continues evolving, it’s tr...

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