IoT in different industries

According to McKinsey Global Institute’s report, it was found that IoT has a total potential economic impact of $3.9 trillion to $11.1 trillion a year by 2025. Gartner also predicts that the approximately 3.9 billion connected things in use in 2014 will grow to 25 billion in 2020. IoT is growing and it is making its presence felt in utility industry, industrial sectors, connected cars, healthcare and consumer apps. IoT is setting its feet in investment, manufacturing and retail also. McKinsey’s analysis found that there is an even greater potential value from IoT use in B2B applications. Read more about IoT and its potential at: http://it.toolbox.com/blogs/it-solutions/7-things-the-experts-want-you-to-know-about-iot-70273