A report released by Gartner, Inc., Stamford, Conn., says that the Internet of Things (IoT) is going to impact businesses with an exponential adoption rate reaching 26 billion devices by 2020. The study, “Market Guide for IoT Security,” says “that IoT product and service suppliers will generate incremental revenue exceeding $300 billion, mostly in services, in 2020. It will result in $1.9 trillion in global economic value-add through sales into diverse end markets.”
This means that businesses can’t afford to miss this opportunity for tremendous growth.