23 Jul '16, 1am

15 Crowd-Pleasing IoT Product & Platform Wins

The enthusiasm of developers and customers alike for Internet of Things (IoT) continues to build and be strong, especially if you use the measure of support by crowd funding sources. It may be that predictions for burgeoning market growth may be right on the money. Gartner predicts that 6.4 billion connected things will be in use worldwide in 2016, up 30% from 2015, and will reach 20.8 billion by 2020. In 2016, 5.5 million new things will get connected every day, the firm estimated. Business Intelligence, meanwhile, puts the figure at a staggering 34 billion IoT connected devices by 2020. Investment in the IoT sector will reach $6 trillion over the next five years, the analyst firm found. The market is shaped by a number of promising drivers: Expanded internet connectivity High mobile adoption Low-cost sensors Large IoT investments A look at recent wins on crowd funding pl...

Full article: http://www.ebnonline.com/author.asp?section_id=3219&doc_i...

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