The World Economic Forum predicts that over the next decade, the Internet of Things revolution will dramatically alter manufacturing, energy, agriculture, transportation and other industrial sectors of the economy which, together, account for nearly two-thirds of the global gross domestic product (GDP). It will also fundamentally transform how people will work through new interactions between humans and machines.
The real question is which organizations and individuals will lead the way and which ones will be left in the dust.
“Our bottom-up analysis for the applications we size estimates that the IoT has a total potential economic impact of $3.9 trillion to $11.1 trillion a year by 2025”
“China and the US will be neck-and-neck for dominance of the global market by 2025”
– Machina Research