The “Internet Of Things” will be bigger than the current Smartphone, Tablet & PC markets combined, but what is the “Internet Of Things”?
The “internet Of Things” are all things that connect to the internet to make your life easier or to make our government life a little easier to fond you!
Service Categories Could Include:
*Connected advertising and marketing.
*Intelligent traffic management systems.
*Waste management systems.
*Smart water systems and meters.
*Smart electricity grids that adjust rates for peak energy usage.
Examples In The Consumer Space – Kitchen and home appliances, lighting and heating products, and insurance company-issued car monitoring devices and etc..
Examples In The Industrial Space – Internet-managed assembly lines, connected factories, warehouses and etc.
Business Insider Intelligence reports that:
There are roughly 1.9 billion devices today, and there will be over 9 billion by 2018.
The Internet Of Things will drive trillions in economic value as it permeates consumer and business life.[SOURCE](http://www.businessinsider.com/growth-in-the-internet-of-things-market-2-2014-2)