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


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