How will IOT(Internet of things) change the world as we know it?

How will IOT(Internet of things) change the world as we know it?

1. ECONOMIC IMPACT

THE ECONOMIC IMPACT OF THE IOT WILL RE-SHAPE THE WORLD'S ECONOMY.

2. GROWTH

THE INTERNET OF THINGS(IOT) MARKET WILL EXPAND FROM $780 BILLION THIS YEAR TO $1.68 TRILLION BY 2020, GROWING AT 16.9%. 

3. IOT IN NUMBERS

SOME PREDICT THAT BY 2020, THE NUMBER OF INTERNET CONNECTED THINGS WILL REACH OR EVEN EXCEED 50 BILLION.

4. SECTORS

CISCO BELIEVES THE IOT COULD GENERATE $4.6 TRILLION OVER THE NEXT TEN YEARS FOR THE PUBLIC SECTORS.

5. INNOVATION

WE ALREADY HAVE IOT-ENABLED CARS THAT CAN DRIVE ON THEIR OWN .......10001

              GOOGLE'S SELF-DRIVING CARS CURRENTLY AVERAGE ABOUT 10,000 AUTONOMOUMS MILES PER WEEK.

6.  SMART HOME

SMART HOME AND COMMERCIAL BUILDINGS ARE UNDER CONSTRUCTION ALL OVER THE WORLD

                              AND SMART COMMERCIAL BUILDINGS WILL HAVE 580 MILLION CONNECTED THINGS IN 2017.

7.  HISTORY

ATMs ARE CONSIDERED SOME OF THE FIRST IOT OBJECTS, AND WENT ONLINE AS FAR BACK AS 1974.