Analysis: 24 Billion IoT Devices On Earth By 2020

IoT

The Internet of Things is morphing into the Internet of Everything, where people are included with things. By 2020, there will be almost 3 inanimate devices for every person on earth, and this is expect to grow even more dramatically beyond 2020. The data generated by all these devices is inconceivable, but it will be sliced, diced, stored and analyzed in order to ‘engineer’ the global society.

By 2020, more than 24 billion internet-connected devices will be installed globally — that’s more than 4 devices for every human on earth.

The Internet of Things first came to us on PCs. Then it moved to smartphones, tablets, smartwatches, and TVs.

But now it’s coming to all of our everyday devices that fall under the IoT umbrella.

This IoT revolution has the potential to change our homes, transportation, work, even our cities. But how will we arrive in this new era?

BI Intelligence, Business Insider’s premium research service, has developed a slide deck analyzing the growth of internet-connected devices — particularly the Internet of Things (IoT).  TN Editor

Read full story here…

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