Skyhook Wireless Blog 4 Reasons Why the Internet of Things Matters Now More Than Ever

The Internet of Things refers to the networking capability that allows information to be sent to and received from objects and devices (such as fixtures and kitchen appliances) using the internet. The IoT revolution is affecting every machine, device, and industry, hence the term ‘The Internet of Everything’. By 2025, Statista suggests that the total IoT market will be between $3.9 and $11.1 trillion. Skyhook has identified four key dimensions that are rapidly evolving and will continue to have dramatic impact on the proliferation of IoT revolution moving forward.