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If You Miss This Tech Trend Now You Might Be KICKING Yourself Later
Have you heard of the Internet of Things?
It’s a buzzword in the tech industry right now.
But it’s much more than just a passing trend.
The Internet of Things (IoT) will connect formerly unconnected things to the Internet — like cars, appliances and manufacturing equipment…
So that they can collect and analyze data, and automate systems.
And the number of IoT connections is about to explode.
See for yourself…
Source: Cisco. Here we are!
Nearly 50 billion things will be connected to the Internet over the next five years.
And all of those connections are going to generate a lot of money for companies.
According to IDC, the Internet of Things market will be worth $7.1 trillion by 2020.
The potential market size is so big because the IoT will increase efficiencies across many sectors.
For example, General Electric says that using the IoT to increase oil and gas exploration by just 1% would result in $90 billion in savings.
But it’s not just companies that are warming to the IoT.
Consumers are adopting the Internet of Things — even if they don’t know what it is.
Right now, just 7% of consumers own a wearable tech device.
But by the end of next year, that number will likely jump to 28%.
So what’s the point of all these statistics?
The Internet of Things is still in its infancy.
Even if a handful of these predictions prove true…
Then the IoT will be a revolutionary change to how companies do business and how consumers use technology.
And there’s still time for investors to get in on the IoT ground floor.
Or, you can miss out and kick yourself later for not giving the IoT a second look.
But we wouldn’t want that.
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