18/03/2021
Tens of billions of IoT devices are currently in operation across the globe, from well-known devices like Amazon’s Echo smart speakers and smartwatches to smart homes regulating our air conditioning and heating.
However, IoT is not only for the consumer. Industry and various businesses already utilise IoT applications. And with the global pandemic still ongoing, expect to see even more connected devices across all sectors in the future.
According to Statista, the global IoT market is predicted to reach $520 billion next year.
The anticipated IoT device growth is also on the rise. Research from Cisco states there will be 27.1 billion networked devices in 2021. Globally, that will be 3.5 networked devices per person.
Globally, 43% of all networked devices will be mobile-connected by next year.
https://krakul.eu/iot-trends-to-expect/
