- Nov 29, 2019
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FUTURE PREDICTIONS
It is estimated that internet of things will be able to control fifty billion devices in 2020. It will generate the revenue of 11 trillion dollars in 2025. Not only this, but it will also increase with 12 percent ratio yearly so that it will reach to 125 billion devices in 2030.
Internet of Things by 2025:
The IOT is growing fast and in future people’s daily needs going to depend on the internet. It’s not just connecting computers and smartphones anymore. Multiple devices that we use daily life need the internet to serve people.
The internet of things devices such as machines and sensors are expected to generate 79.4 Zettabytes of data in 2025 which is predicted by IDC (International Data Corporation). Also, IOT will grow at a compound annual growth rate of 28.7% over 2020 t0 2025.
According to the projection of the statistics Research Department, 75.44 billion devices will be connected with the IOT worldwide by 2025. IOT internet technology is the next major step in making the world a connected place.
