Here are some statistics that show the future prospects of the Internet of Things:
- Gartner, Inc. believes that by 2020 the number of connected devices will reach 25 billion. The Internet of Things has become a powerful force for business transformation, and its disruptive impact will be felt across all industries and all areas of society.
- According to Gartner, Inc., more than 50% of new business processes will contain devices connected to the internet.
- The total economic impact of IoT, including consumer surplus, is estimated to be between $3.9 and $11.1 trillion in 2025.
- According to Nasdaq, there will be close to 80 billion connected devices by 2025.
A detailed view of IoT applications in different ...