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The IoT in Elevators Market is expected to grow from US$ 1514.88 million in 2022 to US$ 2022.13 million by 2028

Global IoT in Elevators Markets Report 2022-2028 Featuring Major Players - OTIS; Schindler; KONE; Hyundai Elevator; and Fujitec - ResearchAndMarkets.com

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By AP News
Published - Sep 13, 2022, 05:30 AM ET
Last Updated - Jun 11, 2024, 05:18 AM EDT

DUBLIN--(BUSINESS WIRE)--Sep 13, 2022--

The IoT in Elevators Market is expected to grow from US$ 1514.88 million in 2022 to US$ 2022.13 million by 2028.

Migration of people from rural to urban has made many developing and developed economies governments to invest in new infrastructure projects. Therefore, in the coming years, rising urbanization will increase the demand for IoT in elevators.

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