General IOT Successful Economic Life-saver

Why will the Internet of Things(IoT) be successful in the coming years?   

Updated 20 Feb. 2019

From the Smart Watch that tells, How you should eat to stay healthy? to the Black Box that Measures everything in Airplanes with utmost precision, IoT is your life-saver. The McKinsey Global Institute predicts that IoT will have a total economic impact of up to $11 trillion by 2025.

From 20 billion devices today, the world will see 50 billion devices connected via the Internet of Things (IoT) by 2020, according to a report by Cisco. Also, the global IoT market is expected to grow from $655.8 billion to $1.7 trillion in 2020.