In the digital age, we’re constantly on the lookout for the next big thing in technology – whether for personal use or to invest ahead of the curve. Looking ahead into 2017, the battle over Internet of Things (IoT), market will likely heat up as companies expand their hardware and software ecosystems.
The Internet of Things which links mobile devices, wearables, home automation devices, cars, and other gadgets to each other and the cloud, is frequently considered the next big growth market for hardware and software makers.
Cisco (NASDAQ:CSCO) estimates that the number of connected devices worldwide will double from 25 billion in 2015 to 50 billion by 2020. IoT is expected to revolutionize and change the way all businesses, governments, and consumers interact with the physical world. This level of disruption will have a significant impact on the world we’ve come to know and certainly your business and career.
This is a huge and fundamental shift. When we start making things intelligent, it’s going to be a major engine for creating new products and new services.
Of all the technology trends that are taking place right now, perhaps the biggest one is the Internet of Things; it’s the one that’s going to give us the most disruption as well as the most opportunity over the next five years.