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Large IoT Spending for Shopping in Market Forecast

It is still early days for the Internet of Things (IoT) in the Middle East and Africa, but IDC noted that the retail sector is already showing strong signs of adoption. According to a recent IDC study of Saudi Arabia, South Africa, Turkey and the UAE, spending on IoT solutions among retailers will grow by an average of around 19 per cent annually for the foreseeable future, representing nearly $1.6 billion (€1.39 billion) in spending from 2014 through 2018.

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