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Commercial IoT solutions and services revenue gains underpin vendors that were early to market

Nearly all tracked IoT segments* recorded double-digit growth in 4Q16, driving an overall 19.3% year-to-year revenue gain to $8.2 billion for the 29 companies benchmarked** in Technology Business Research Inc.’s (TBR) Commercial IoT Benchmark. “We expect growth to continue apace as more customers undertake implementations due to the emergence of packaged use cases, standards are adopted and pricing models become more rationalized,” said TBR Analyst Daniel Callahan.

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