The Internet of Things (IoT) is a network of connected devices that communicate with each other and the internet, allowing for increased automation and efficiency. From reducing downtime and maintenance costs in industrial settings
to saving energy in smart homes, the benefits of IoT are endless.
Internet of things Facts
- According to a report by Gartner, there will be over 25 billion connected devices by 2025.
The IoT market is expected to reach $1.5 trillion by 2027.
The healthcare industry is one of the fastest-growing IoT sectors, with connected medical devices and wearables being used for remote patient monitoring and telemedicine.
Smart home devices, such as thermostats and security cameras, are the most commonly adopted IoT devices by consumers.
The Agriculture industry is also adopting IoT technology to increase crop yields and efficiency, with connected sensors being used to monitor soil moisture and temperature.