IoT tech in pharma sector to be worth £1.7bn by 2020

Posted on 20 Mar 2018 by Jonny Williamson

IoT software and services in the pharmaceutical sector will be worth $2.4bn (£1.7bn) by 2020, according to newly released data.

IoT technologies in the pharmaceutical sector will be worth $2.4bn (£1.7bn) by 2020 – image courtesy of Depositphotos. Internet of Things (IoT) is transforming the pharmaceutical industry at a rapid pace, and it has the potential to enhance almost all the processes of the pharmaceutical industry. This transformation affects clinical trials,…

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