IDC forecasts Canadian Internet of Things market worth more than $6.5 billion by 2018

by Jeff Jedras - itbusiness.ca, Apr. 21, 2015 – 

According to a new forecast from IDC Canada, the Canadian Internet of Things (IoT) addressable market will be worth more than $6.5 billion by 2018. That?s a lot of things.

Popularized in recent years by technology vendors such as Cisco Systems, Internet of Things is a term for the network of the growing range of devices that will be embedded with electronics, software, sensors and connectivity to allow them to exchange data with control systems, operators and each other. More and more "things" will become connected, from smart toasters to heart monitoring implants.

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