Facts You Should Know About IoT

The IoT - bigger than... something really big.

The IoT: Bigger than… something really, really big.

According to estimates by the McKinsey Global Institute, the Internet of Things will have a total economic impact of up to $11 trillion by 2025.

And yet, 87% of people have not even heard of the term ‘Internet of Things’. How it affects marketing will be profound, and here are a few factoids that may get you thinking about how big this phenomenon already is, and by extrapolation, how big it will be in the very near future.

It’s a quick read, but plenty to think about. And keep thinking about it, fellow entrepreneurs, because it’s going to shape our lives, at least until the Singularity.

 

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