What kind of potential is there in the Internet of Things?

The Internet of Things (IoT) has been a buzz phrase for a few years, and for good reason. The connectivity of anything and everything imaginable is fascinating. Take that idea to its logical conclusion and you get a completely connected world. We will also see a new generation of wearable devices that will connect our bodies with… you guessed it… anything and everything.

By 2030, there will be an estimated one trillion connected devices. What makes that number even more impressive is that 30 years ago there were only about 1,000 connections. The economic opportunity to connect the unconnected comes in at $19 trillion.

When $19 trillion is sloshing around, you know there will be winners… big winners. And my goal is to help you find them.


Article printed from InvestorPlace Media, https://investorplace.com/moneywire/2019/09/what-kind-of-potential-is-there-in-the-internet-of-things/.

©2021 InvestorPlace Media, LLC