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Topic: [2016-01-27]The Internet of Things is on the March (Read 228 times)

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According to a newly issued report by the International Data Corporation, overall spending on the IoT-related products is expected to nearly double by the year 2019 to comprise almost $1.3 trillion, as compared to current $700 billion.

Leading the trend is the Asia-Pacific region, which hosts more than forty percent of overall spending related to the Internet of Things. It is closely followed by the countries of Western Europe and North America.

Currently, there are 43% of people planning to purchase some kind of a smart device in the next twelve months in the U.S. alone, not to mention 51% of them who already own some kind of a smart appliance.

http://forklog.net/the-internet-of-things-is-on-the-march/

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