The Internet of Things and the Retail Industry
C3 Solutions
JULY 28, 2020
The value of the IoT market in retail is predicted to jump from US$10 billion in 2017 to around $35 billion by 2024. The average price of sensors has fallen from US$1.30 in 2004 to $0.38 Less stock means smaller warehouse footprints are possible, saving land and infrastructure costs. in 2019, for example.
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