Global IoT market to grow to $1.32 T by 2026

Definition / Scope

  • The IoT also known as Internet of things is a technology where network of devices are created where they are connected via internet. These devices are also known as connected products or smart devices which include home devices such as smart meters, smart locks, and smart a/c among others. Through IoT these devices are able to share data among each other providing benefits of quality of life and greater insights to their manufacturers/creators.[1]

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Author: Pamela Smith