in 2020 , with utilities being the standout adopter . “ Electricity smart metering , both residential and commercial will boost the adoption of IoT among utilities ,” said Peter Middleton , senior research director at Gartner , in a press release . “ Physical security , where building intruder detection and indoor surveillance use cases will drive volume , will be the second largest user of IoT endpoints in 2020 .”
Forecasting even further into the future , IDC predicts that IoT devices will generate 79.4 zettabytes of data in 2025 , from 41.6 billion IoT devices . In a press release , Carrie MacGillivray , group vice president , IoT , 5G and Mobility at IDC , said : “ As the market continues to mature , IoT increasingly becomes the fabric enabling the exchange of information from ‘ things ’, people , and processes . Data becomes the common denominator – as it is captured , processed , and used from the nearest and farthest edges of the network to create value for industries , governments , and individuals ’ lives . Understanding the amount of data created from the myriad of connected devices allows organizations and vendors to build solutions that can scale in this accelerating data-driven IoT market .”
IoT-enabled smart devices are becoming an ever more present part of our lives , whether that ’ s the smart speakers in our homes or the many more unseen ways IoT is impacting the products we buy and the ways we consume them .
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