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By 2050, an estimated 68% of the global population will reside in urban environments, placing immense strain on existing infrastructure and resource allocation. According to IDC, the IoT market in the Middle East and Africa is set to surpass $30.2 This impressive growth trajectory underscores the accelerating role of IoT in our lives.
This figure is going to more than double by 2050. New IOT devices will facilitate in-home senior care. The benefits of this are threefold: Artificial intelligence-driven robots reduce the need for human workers. This reduces the costs involved. Cutting marketing costs.
Many countries have committed to reaching net zero by 2050, aligning with the Paris Agreement’s goal to limit global warming to well below 2 degrees Celsius. trillion to the global economy by 2050. trillion in economic benefits by 2030. Research expects that transitioning to a circular economy could generate USD 4.5
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