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Big Data and analytics support organizations to make proactive, real-time decisions using data. This helps position companies to increase customer experience where customer loyalty is low, access precise information, learn about customers, and use the information for a competitive advantage.
Mexican industrial IoT revenue is projected to reach $3,955.6 million in 2022—up from $1,132.0 million in 2016, at a compound annual growth rate of 23.2%. This insight considers the growth potential of hardware, software, connectivity, services, and primary verticals through 2022.