A lot of people have talked about Internet of Things and the opportunity. They say about the same thing which is “IoT will be a big business” and when it says big, it means really big.
It is predicted to be 50 billion connected devices by 2020
That’s a really huge number, but let’s forget about a number. Instead, let’s break down the meaning of that sentence.
As we all know, Internet of Things works with the Internet. It connects us all with other devices. The connection will be through a smartphone and we know that more than half population on earth is holding their smartphone. See how easy IoT penetration to our lives?
With more than half population holding their smartphone, they will need more and more devices to connect each other. In this case, IoT devices will keep growing since IoT is suitable in every aspect of our lives.
More Than $100 Billion Opportunity
With everything is connected, It will definitely makes our live easier. We can see how many tech giants have already joined in this business. For example Google, IBM, Intel, Apple, etc. This means that they have developed IoT for future business to ease our living.
There are of course differences between their focus in IoT. Not everyone is joining in home automation or digital payment but it won’t reduce chance they release the same sectors in different way.
Need More Developers
With so many opportunity and chances, company will need more and more developers to develop the IoT system. It is undoubtable they will hire developers who is already expert to develop Internet of Things.