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A category like smart speakers, which was a small niche a few years ago, is now a ubiquitous presence in homes across the world.And as companies invest in capital improvements, those assets are increasingly equipped with internet capability to monitoring, maintenance and optimization purposes.shows the ownership rate of various connected devices among U. Part of what makes predicting the size of the Io T market difficult is that some of the categories are growing at tremendous rates.Take smart speakers, for example, a category that barely existed a few years ago Smart speakers may stand out as an exceptionally fast growing category, but it’s not alone.Online dating services allow users to become "members" by creating a profile and uploading personal information including (but not limited to) age, gender, sexual orientation, location, and appearance.

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The growth of Internet of Things in terms of number of devices, revenue generated, and data produced has been stunning, but most predictions expect that growth to accelerate.

Not only is Io T a very large market, but it targets both consumer and enterprise devices and applications.

While consumer Io T devices often get most of the attention in the popular press, enterprise Io T has the potential to transform the operations of nearly every industry in the economy. While not strictly part of the “Internet of Things,” smartphones and tablets are included in the chart below for reference.

The number of connected devices is expected to grow to 50 billion in 2020 (from 8.7 billion in 2012) and the annual revenue from Io T sales is forecast to hit

The growth of Internet of Things in terms of number of devices, revenue generated, and data produced has been stunning, but most predictions expect that growth to accelerate.

Not only is Io T a very large market, but it targets both consumer and enterprise devices and applications.

While consumer Io T devices often get most of the attention in the popular press, enterprise Io T has the potential to transform the operations of nearly every industry in the economy. While not strictly part of the “Internet of Things,” smartphones and tablets are included in the chart below for reference.

The number of connected devices is expected to grow to 50 billion in 2020 (from 8.7 billion in 2012) and the annual revenue from Io T sales is forecast to hit $1.6 trillion by 2025 (from just $200 billion today).

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The growth of Internet of Things in terms of number of devices, revenue generated, and data produced has been stunning, but most predictions expect that growth to accelerate.Not only is Io T a very large market, but it targets both consumer and enterprise devices and applications.While consumer Io T devices often get most of the attention in the popular press, enterprise Io T has the potential to transform the operations of nearly every industry in the economy. While not strictly part of the “Internet of Things,” smartphones and tablets are included in the chart below for reference.The number of connected devices is expected to grow to 50 billion in 2020 (from 8.7 billion in 2012) and the annual revenue from Io T sales is forecast to hit $1.6 trillion by 2025 (from just $200 billion today).

.6 trillion by 2025 (from just 0 billion today).

Before diving into the data, it’s worth spending a moment clarifying what we consider to be an Internet of Things device, and what isn’t.Research firm Io T Analytics, compiled a list of 1,600 known industrial Io T projects and categorized them according to these segments: into the workings of their cities.