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IHS Markit Identifies Top Trends Driving the IoT in 2018 and Beyond

Number of connected IoT devices to top 31 billion in 2018.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Driven by the need for intelligent connected devices in industrial and commercial applications, the number of connected Internet of Things (IoT) devices globally will grow to more than 31 billion in 2018, according to new analysis from business information provider IHS Markit. The commercial and industrial sector, powered by building automation, industrial automation and lighting, is forecast to account for about half of all new connected devices between 2018 and 2030.   “The IoT is not a rece...

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