Tag Archives: Forecast

What is IoT – Internet of Things – Market Size of IoT in 2017 and Forecast 2022

The IoT or Internet of Things is generally described as connection of various devices to the internet using sensors to capture key information, statistics, and communicate the data with one another.  The US National Security and Telecommunications Advisory Committee (NSTAC) has defined IoT based on three shared common principles of devices, platform and intelligence. Market Size The worldwide IOT market was estimated at US$800 billion in 2017 as per a few technology market research.  The Read more [...]