IoT Spending to Hit $1.3 Trillion in 2019: IDC
Found on eWEEK on Thursday, 10 December 2015
Analyst firms and vendors have been predicting rapid growth for the IoT, with the number of connected devices, systems and sensors—from industrial machines and home appliances to cars, buildings and wearable devices—jumping over the next several years. Cisco Systems, for example, is predicting the number of connected "things" globally will grow from 25 billion last year to more than 50 billion in 2020.
"Smart commercial buildings will be the highest user of Internet of Things (IoT) until 2017, after which smart homes will take the lead with just over 1 billion connected things in 2018," Gartner Research Vice President Bettina Tratz-Ryan said in a statement.
You might wonder what you will get. Exploitable appliances like water kettles, child toys, your entire house and the wind turbine powering it. Just to name a few only, of course.