🚀IoT: a growth market

The Internet of Things (IoT) market has experienced dizzying growth in recent years. According to IDC, the number of connected objects worldwide is set to rise from 15 billion in 2020 to 75 billion in 2025, a more than 5-fold increase in 5 years! The research firm predicts that by 2025, nearly 20 billion objects will be dedicated to the consumer, while 55 billion will be used for professional purposes. The most dynamic segments will be wearables (watches, activity trackers), the connected home (smart speakers, light bulbs, thermostats), mobility (autonomous vehicles, logistics fleets) and industry 4.0 (sensors, process automation). The explosion in the volume of data generated will be even more spectacular: from 45 zetaoctets in 2020 to an anticipated 175 zetaoctets in 2025! By way of comparison, 1 zetabyte is equivalent to 1 billion terabytes... The economic market generated by IoT is following the same trajectory. According to IoT Analytics, corporate investment in IoT is set to leap by 12% a year, reaching $1,460 billion in 2025, compared with $783 billion in 2020. Faced with these unprecedented growth prospects, it is essential to build a robust technological foundation now, to enable the IoT to exploit its full potential in the service of people. This is CONNECTIFY mission!