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Verisign report says Internet of Things has gained legitimacy in 2015 and will continue to grow significantly

Abr, 06, 2023 Hi-network.com
According to Verizon's 'State of the Market: Internet of Things 2016' report (downloadable fromhere), 2015 was the year when the Internet of Things gained legitimacy, as companies have started to pay more attention to IoT and integrate it into future strategies and business models. The report says that the worldwide IoT market spend will grow significantly over the next few years, from$591.7 billion in 2014 to$1.3 trillion in 2019, with a compound annual growth rate of 17%. The installed base of IoT endpoints will grow from 9.7 billion in 2014 to more than 25.6 billion in 2019, hitting 30 billion in 2020.

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