This blog provides an excerpt from our Annual Review for Internet of Things (IoT) and focuses on the yearly funding trend.
As part of our research process, we track and analyze funding developments within the sector. The below chart shows IoT funding over time and calls out the largest funding rounds in recent years. As you can see, IoT funding hit a record year in 2018, and then established a new baseline in 2019 at $16.3B.
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