State of Internet of Things

The IoT, or Internet of Things, is burgeoning. The aim is that once it’s all set up, the machines communicate with one another. An IoT in your home, in your city, or at your workplace can be extremely useful as it can automate a lot of tasks and processes.

It’s perhaps unfair to lump all of these so-called smart devices into one giant IoT category as they serve many different purposes and work in a variety of different ways. But nowadays it is the trends as IoT name has most the hype so almost everybody wants to use that term.

State of Internet of Things in 6 Visuals infographic by appcessories gives a very good visual summary of what’s happening in the IoT field at the moment:

The State of Internet of Things in 6 Visuals – By the team at Appcessories

There’s currently a whole lot of capital moving around the IoT tech sector, over 800 companies are working on IoT devices and platforms, and new IoT components come on the market on a regular basis. There is lots of investment money on IoT companies and lots of crowdfunding on IoT devices (for example SmartThings, LIFX, PlantLink, LUMO, Ninja Sphere, and others).