Tag Archives | IoT ecosystem forecast

Finding Success in the New IoT Ecosystem: Market to Reach $3.04 Trillion and 30 Billion Connected “Things” in 2020

A newly released IoT ecosystem forecast provides much needed clarity, defining the hardware, software, services, connectivity, and security that make up the evolving IoT ecosystem. The worldwide IoT market is forecast to grow from $1.3 trillion in 2013 to $3.04 trillion in 2020 with a compound annual growth rate (CAGR) of 13%. (more…)

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