Worldwide: The Internet of Things market is expected to witness a significant surge in revenue, reaching a staggering US$1.06tn by 2025 worldwide. Definition: The term Internet of Things (IoT) describes a network of physical and virtual devices that are able to communicate autonomously using the Internet Protocol (IP).| Statista
We’ve rounded up 45 internet of things (IoT) startups that are rising growing and worth keeping an eye on.| Exploding Topics
Video: Global IoT market forecast (in billions of connected IoT devices) Connected IoT device market update—Summer 2024 Number of connected IoT devices to grow 13% by end of 2024. According to IoT Analytics’ 171-page State of IoT Summer 2024 report, there were 16.6 billion connected IoT devices by the end of 2023 (a growth of 15% over 2022). IoT Analytics expects this to grow 13% to 18.8 billion by the end of 2024. This forecast is lower than in 2023 due to continued cautious enterprise s...| IoT Analytics