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IO-Link market | #io-Link market

IO-Link market

In 2022, the market size for IO-Link was estimated at USD 6.8 billion. According to projections, the IO-Link market industry will expand from USD 8.8 billion in 2023 to USD 69.65 billion by 2032, growing at a compound annual growth rate (CAGR) of 29.50% over the forecast period (2023-2032)