Technology

How businesses are accelerating the growth of internet-connected smart devices

By Stacker

Published June 1, 2022 11:41 PM

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How businesses are accelerating the growth of internet-connected smart devices

A woman controlling her smart home on a tablet

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Business spending on IoT has increased by more than 10% for the last three years

A man checking his smartwatch while working out

Nikola Stanisic // Shutterstock

There are an estimated 18 billion IoT devices today

Smart controls on a car’s dashboard

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The devices are projected to create 90 zettabytes of information by 2025

A smart home device, modeled after Amazon’s Alexa

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The economic value of IoT could reach $5.5 trillion to $12.6 trillion by 2030

A man operating smart technology in a manufacturing plant

Zapp2Photo // Shutterstock

China is estimated to capture more than 26% of the total value of IoT devices by 2030

Smart devices improving operations productivity

Article Topic Follows: Technology

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