The telecom ministry will now scrutinize the recommendations formulated by TRAI and then final decisions will be taken. The suggestions are aimed to synchronize the regulatory ecosystem of the machine-to-machine embedded SIM in India

Global cellular IoT data generated will grow to 46 petabytes in 2028, up from 21 petabytes this year; leading to further investment in IoT automation services, such as federated learning

Another key trend driving cloud spending is the continued rise of industry cloud platforms

In Europe, Digital Transformation spending is growing at a fast pace, and it is estimated to have a CAGR of 16 percent across the 2023-2027 timeline

IoT is all about connected devices, systems, and sensors, and when it comes to payments, it provides tons of benefits.