IDC Predicts Jump in Internet of Things Spending in 2018

Techno-News Blog. Worldwide spending on the Internet of Things (IoT) will increase 14.6 percent in 2018, reaching $772.5 billion, according to the latest report from International Data Corp. The market research company’s Worldwide Semiannual Internet of Things Spending Guide forecasts sustained growth for the category, at a compound annual growth rate (CAGR) of 14.4 percent all the way through 2021 — ultimately reaching $1.1 trillion. More...