LORIOT and MOKO SMART Forge Alliance to Boost IoT Connectivity and IoT Adoption
In a move set to accelerate IoT adoption across various industries, LORIOT,and MOKO SMART have announced their new partnership to deliver integrated, end-to-end LoRaWAN® solutions tailored to the evolving needs of global enterprises. This collaboration comes at a critical time, as the global IoT market in manufacturing alone is projected to skyrocket from USD 27.8 billion in 2018 to USD 452.27 billion by 2032, driven by an annual growth rate of 22.1%.
As industries increasingly turn to IoT to unlock digital transformation, optimize operations, and create new business models, the demand for reliable, secure, and high-performance IoT solutions has never been greater.