What 2019 Has In Store For The Internet Of Things [Infographic]
IoT continues to make inroads into the business world with more companies now jumping on the bandwagon to stay ahead of the IoT curve. The promise of this fast evolving landscape is enormous with market expected to reach $1.2 trillion in 2022. Reports suggest 2019 will witness substantial growth in the IoT spending that is expected to reach $745 billion in 2019 – precisely a 15.4% increase over the $646 billion spent in 2018. According to the International Data Corporation, worldwide IoT spending will be led by manufacturing (discrete and process), consumer, transportation, and utilities sectors.
Let's take a closer look at top trends that will dominate the IoT landscape in 2019.
Stay tuned for our follow up post featuring other five top IoT trends likely to be seen in 2019. We recently developed a server and cloud-based application using advanced analytics and internet of things solutions to help one of our clients approach industry 4.0 readiness. (Click here). Read through our solutions for IoT companies here: https://www.ssidecisions.com/case-study
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