17. November 2015 · Comments Off on 6.4 Billion Active IoT Things in 2016: Gartner  · Categories: News · Tags: , , , ,

The Internet of Things is about to get a whole lot bigger, according to the latest forecast from technology market research firm Gartner.In 2016, the IoT will grow at a rate of 5.5 million ‘things’ each day, encompassing a total of nearly 6.4 billion connected devices, a 30 percent gain over this year’s expected total of 4.9 billion devices. By 2020, that figure will shoot up to 20.7 billion units.IoT services spending will jump 22 percent next year, reaching $235 billion. “IoT services are the real driver of value in IoT, and increasing attention is being focused on new services by end-user organizations and vendors,” said Gartner vice president Jim Tully in a statement.

Source: 6.4 Billion Active IoT Things in 2016: Gartner – Datamation