The Internet Of Things Is Coming. Hang On To Your Hats!
If we think the consumer internet as we know it is a big deal, IoT will become an even bigger deal, over time. Gartner predicts the IoT industry to be $1.9TN in size by 2020, and McKinsey thinks it could be as large as $6.2TN by 2025, in terms of economic impact. Yes Trillion!! Intel forecasted 15BN devices were already connected to the internet in 2015 alone. That’s a lot of demand for embedded smart modules, cloud computing, connectivity, data security, mobile apps and analytics reporting alone.
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