Uses of IoT- 7 WAYS THE INTERNET OF THINGS WILL CHANGE YOUR LIFE
The Internet of Things has been christened the fourth Industrial Revolution, a title it rightfully deserves. It is estimated that by the end of 2019, 14.2 billion devices had been connected to the internet. It is further estimated that the IoT market will reach $1.1 trillion by 2026. IoT has witnessed very rapid adoption across the various sectors of the economy. Its popularity is rising tremendously.
What is IoT?
IoT is the use of sensors, IT and networking technology to link billions of devices worldwide. They open up new, smart technologies, analytics and business strategies that result in a safer, more effective and more sustainable way of life. As the Web has linked billions of electronic devices and established new technologies and business models such as search engines, emails, e-commerce, and social media, the Internet of Things will improve human lives in ways we could not have imagined are possible. Below are the ways the Internet of Things (IoT) will change life as we know it.
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