Internet of Things to Hit the Mainstream by 2020

November 17th, 2014
in News, econ_news, syndication

by Felix Richter,

According to a recent forecast by market research firm Gartner, our homes will become a whole lot smarter over the next few years.

Follow up:

Gartner expects the so-called Internet of Things to break through to the mainstream, predicting the number of smart objects in use worldwide to reach 25 billion by 2020.

The Internet of Things covers a wide range of products: from consumer products such as Nest's smart thermostats (Nest was recently acquired by Google for $3.2 billion) to intelligent street lighting that could help governments save energy - the potential for connected objects is basically limitless. Gartner expects a certain degree of connectivity to become the standard for everyday products, meaning that smartphones might soon become even smarter, as they turn into a remote control for everything from refrigerators to lamps and washing machines.

This chart shows the estimated number of smart connected things in use wordwide.

Infographic: Internet of Things to Hit the Mainstream by 2020 | Statista
You will find more statistics at Statista


Make a Comment

Econintersect wants your comments, data and opinion on the articles posted. You can also comment using Facebook directly using he comment block below.



Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day


Asia / Pacific
Middle East / Africa
USA Government

RSS Feeds / Social Media

Combined Econintersect Feed

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution



  Top Economics Site Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2018 Econintersect LLC - all rights reserved