IDC Forecasts 30 Billion Connected "Things" in 2020

November 11, 2014
A newly released IoT ecosystem forecast from International Data Corporation provides much needed clarity, defining the hardware, software, services, connectivity, and security that make up the evolving IoT ecosystem. The worldwide IoT market is forecast to grow from $1.3 trillion in 2013 to $3.04 trillion in 2020 with a compound annual growth rate (CAGR) of 13%.
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