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This emerging tech research report includes market maps of VC-backed companies, business model descriptions and an overview of key investors and acquirers within the IoT industry. It segments IoT into enabling technologies and use-case-specific applications, analyzing VC investment trends, recent exits and commercial dynamics in each space. The report provides an overview of the key technologies underlying the growth of IoT, including 5G, LPWAN and AI & ML. We also provide a proprietary analysis of opportunities and risks across each segment.