Rauf Arif: With An Economic Potential Of $11 Trillion, Internet Of Things Is Here To Revolutionize Global Economy

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Rauf Arif: With An Economic Potential Of $11 Trillion, Internet Of Things Is Here To Revolutionize Global Economy
editor_iot
6/06/2021 – 09:17

An economic revolution is underway. The Internet of Things (IoT) is the face of this new industrial revolution.

In 2019 IoT industry was projected to have an economic impact of 11 trillion dollars by the year 2025. A report published by Statista Research Department in 2016 projected that by 2025, 75 billion IoT devices would reach potential consumers worldwide.

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