Rising Demand in Healthcare Sector
The demands placed on safety and reliability are enormous in the medical sector. The global Internet of Things (IoT) in the healthcare market was approximately $104 billion in 2019 and is expected to grow with a CAGR of 18% from 2020 to 2025. The number of connected medical devices is expected to reach more than 50 billion over the next decade. The global internet of medical things (IoMT) market is expected to swell to a $158 billion valuation in 2022, up from $41 billion in 2017.
Based on the highlights above, it is evident that it is crucial to ensure reliability and performance of your electrical distribution system (include power distribution, power transmission, lighting, data communications, EDS) to secure operational efficiency and customer services delivery from wireless communications to entertainment in the air.