The Internet of Things (IoT) has rapidly evolved from a buzzword into a transformative force in multiple industries. Among its many applications, IoT is revolutionising the way startups manage their physical workspaces. According to a report by McKinsey, the global market for IoT solutions is expected to grow to $1.6 trillion by 2025, with an annual growth rate of 16%. In the workplace, IoT devices are being deployed to improve efficiency and productivity, enhance safety and security, and reduce costs.
