How Big Will The Internet of Things Be?

2014 was the year of Big Data, 2015 will be the year of the Internet of Things. More and more every day items are being connected to the Internet ranging from smart thermostats to smart toothbrushes. In the coming years, the amount of smart devices in our household could grow drastically as Gartner predicts that a typical home could contain more than 500 smart devices by 2022. The falling costs of sensors and the upcoming domotica platforms such as Apple’s Homekit will contribute to this growth. However, this is just the beginning. IDC expects the market for the Internet of Things to grow to $ 3 trillion by 2020, Garnter even predicts a $ 14 trillion market in 2022. So how big will the Internet of Things actually be?

Continue reading at +Datafloq