Digital assistants. Smart fridges and thermostats. Security devices, too. The Internet of Things (IoT) has gone global, an ever-expanding ecosystem that touches consumers in every facet of their daily lives. The latest Intelligence of Things Tracker shows some pretty big numbers in terms of the billions of devices already out in the field, and the billions of dollars already being spent on those devices … and it seems like things are just getting started.
$2 trillion: Estimated dollar amount spent on IoT endpoints in 2018.
14 billion: Number of IoT devices expected to be in use by the end of 2019.
30 billion: Number of IoT devices expected to be in use by the end of 2020.
127: New IoT devices connecting to the internet every second.
375,000: Number of IoT devices in use in Ireland.