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Stock impact report

Global IoT-Based Asset Tracking and Monitoring Market Poised for Robust Growth [Yahoo! Finance]

Sequans Communications S.A. American Depositary Shares (SQNS) 
Last sequans communications s.a. american depositary shares earnings: 4/23 06:00 am Check Earnings Report
US:NYSE Investor Relations: sequans.com/investors
Company Research Source: Yahoo! Finance
Market Growth Dynamics The IoT-based asset tracking and monitoring industry is experiencing a substantial surge, with projections estimating the market value to ascend from $4.66 billion in 2023 to $5.17 billion by 2024, marking an 11.1% CAGR. This vigorous growth trajectory is attributed to key factors such as the escalating need for supply chain efficiency and advancements in industrial IoT. The market is further anticipated to flourish, achieving a significant CAGR of 12.5% and reaching $8.29 billion by 2028. This optimistic forecast is fueled by an increased emphasis on sustainability, the integration of AI and analytics, a heightened demand for remote monitoring, and widespread implementation in smart city projects. Technological Innovation as a Catalyst Technological advancements are at the forefront of market trends, with industry leaders concentrating on introducing state-of-the-art solutions to fortify their presence in the market. These innovations encompass the dep Show less Read more
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