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Global Internet of Things Spending, 2013 & 2020 [CHART]

Global Internet of Things Spending, 2013 & 2020 [CHART]

Connecting all the unconnected devices, machines and systems will involve vast numbers of new internet-enabled objects and large sums of money. In a relatively untapped market with seemingly limitless potential, forecasts tend toward the sky-high:

International Data Corporation predicts the worldwide market for “internet of things” (IoT) solutions will grow from $1.9 trillion in 2013 to $7.1 trillion in 2020. Read the rest at eMarketer.