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60+ IoT statistics and facts

More than just a tech buzz word, IoT, or the

comparitech.com, Apr. 25, 2019 – 

Although a revolution in and of itself, the internet has also birthed a large number of other technology revolutions. From smartphones to Wikipedia, the Internet as a medium has resulted in a complete and total transformation of societies worldwide.

Among the most recent developments owing its existence to the internet is the "Internet of Things", or IoT. This is a new term and concept applied to devices that work together in an interconnected way to gather information, often to better automate processes, and to create a more cohesive and informed user experience.

IoT encompasses a growing number of tech products, including smart home devices like Google Home and the Amazon Alexa-powered Echo, to smart refrigerators that can create grocery lists for you. Most studies and researchers, however, count any internet-connected device as part of the "Internet of Things".

From a simple view, IoT is about attempting to connect pretty much everything in the world to the internet in some way. From a technical standpoint, however, the "Internet of Things" can be defined, at least by Cisco, as the "the point in time when more 'things or objects' were connected to the Internet than people". According to Cisco, that point was reached around 2008-2009.

A decade of being immersed in IoT means there are big numbers to show for it. And with more devices connected to the web than people (over 4 billion web users as of 2018), the growth of IoT has produced some surprising data and stats to explore.

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