Why global IoT revenue is set to hit $3 trillion by 2025
Current estimates of the commercial impact from the Internet of Things (IoT) market opportunity are already being rated in the billions and trillions. Machina Research recently published its annual guidance on the growth of the global IoT market, adding more data and insight to the future projections.
China and the U.S. will compete for dominance of the global market by 2025. China, which will account for 21 percent of global IoT connections, will be slightly ahead of the U.S. 20...