Real-life examples of the Internet of Things

The Internet of Things is fascinatingly spread in our surroundings, and the best way to check it is to go to a shopping mall and turn on your Bluetooth. The devices you will see are merely a drop in the ocean of the Internet of Things. Cars, watches, printers, jackets, cameras, light bulbs, street lights, and other devices that were too simple earlier are now connected and continuously transferring data. Keep in mind that this progress in the Internet of Things is only 3-years old and it is not improbable to expect that the adaptation rate of this technology will be something that we have never seen before.

The increase in the number of internet users in the last decade has been exponential, reaching the first billion in 2005, the second in 2010, and the third in 2014. Currently, there are 3.4 billion internet users in the world. Although this trend looks unrealistic, the adaptation rate of the Internet of Things is even more excessive. The reports say that by 2020, there will be 50 billion connected devices in the world and 90% of the vehicles will be connected to the internet. This expansion will bring $19 trillion in profits by the same year. By the end of this year, wearables will become a $6 billion market with 171 million devices sold.

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