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Original Equipment Manufacturer (OEM) Monitoring Solutions Market High Demand, Recent Trends, Future Growth, Business Scenario, Product, Technology, Share and Forecast 2032

The global Original Equipment Manufacturer (OEM) monitoring solutions market size was USD 11.95 Billion in 2022 and is expected to register a revenue CAGR of 8.0% during the forecast period, according to the latest analysis by Emergen Research.

IoT has given conventional OEMs new opportunities in the digital era. The Internet of Things has forced even conventionally tech-averse industries, including furniture and home equipment sector, to capitalize on advances in technology. IoT gave OEMs new chances and ideas for what their products can now be able to do. Nowadays, even a simple tabletop might be equipped with wireless charging stations and occupancy sensors.

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