There is a lot of much deserved hype around Internet of Things, with each day bringing in new IoT enabled devices and applications. Statista predicts that by 2025 the total number of connected devices worldwide will be 75 billion.
As a renowned IoT development company, we bring you the trends that will redefine Consumer IoT in the years to come.
For those of you who are new to this technology, IoT can be broadly classified under two heads – Industrial IoT and Consumer IoT.
Industrial IoT (IIoT) mainly focuses on improving operational efficiency across industries such as manufacturing, transportation, logistics, aviation, oil & gas and other industrial sectors.
Consumer IoT also known as CIoT, refers to billions of physical devices such as smartphones, smart watches, smart home appliances that are connected to the internet and have advanced features enabled by collecting and sharing data.
Looking for a complete suite of connected solutions?
Advance your IoT initiatives with our IoT consulting services.
Here are some of the interesting stats and facts showing the marked transformation IoT is bringing in terms of operational efficiency and innovation (see infographic):