SigmaWay Blog
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IoT market: Some Predictions
According to IT research firm IDC report, IoT market will grow by 19% in 2015. The increasing importance of the IoT in manufacturing and operations market, leads to the growth of the IoT by $56.6billion. Digital Signage market, which is used in the retail sector, will be the major driver for growth and IoT retail market will grow from $6billion to $35.7billion by 2018 in this market. The main reason for increasing demand for IoT is decreasing prices and technology advancement. Read more at: http://www.informationweek.com/it-life/iot-market-will-grow-19-percent-in-2015-idc-predicts/d/d-id/1320500
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