The Internet of Things industry is set to define the world over the next few years. Tech pundits believe that in the foreseeable future, we’ll be surrounded by internet-connected objects. From smart kettles to AI assistants, this technology will make us smarter and more productive – both at home and in the workplace.
According to Gartner, there’ll be 20.4 billion connected products in use by 2020, and spending in this lucrative industry reached an estimated $2 trillion in 2017. The research firm has named North America, Western Europe and Asia as regions where this technology will thrive the most. Last year alone, these continents made up 62 per cent of the IoT installed base.