IoT is growing exponentially, and Asia Pacific takes top market share

infographic_internet_of_things

It is being called the Next Industrial Revolution, but does everyone know what it is?

The Internet of Things (IoT) has become an increasingly growing focus of technology and innovation among startups and large enterprises. While the concept is far from being new, recent developments in technology that allows connectivity of a seemingly unlimited number of devices into networks has driven up interest and further exploration of IoT solutions. With it’s applicability that cuts across different industries, IoT has the potential to create a great impact in the way people live and work.

But what is the Internet of Things, exactly? Who and what drives it’s growth? Here’s a quick visual:

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