Here’s what you need to know
about the IoT market in 2016:
- 2015 was the year IoT gained legitimacy.
- Companies across all industries now have IoT squarely on their radar.
- A growing IoT market is enabling organizations from every industry to comply with regulations, increase process efficiency, gain better customer insight and build completely new business models.
- IoT platforms are making the development of IoT applications easier, faster and cheaper for everyone.
- The next step for IoT is predictive and prescriptive analytics.
- Convergence between different IoT solutions is addressing real-world problems and helping consumers in their day-to-day lives.
- 5G will provide the ecosystem to enable a fully mobile and connected world.