How M2M Network Connectivity Is Driving the Growth of Industries [INFOGRAPHIC]

June 11, 2014
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The Internet of Things is going to change society and is driving data into the Brontobytes. Expected is that by 2020, 40% of all data generated can be contributed to the Internet of Things, resulting in an industry worth almost $ 950 billion, according to Westbase Technology who have released this infographic.

The Internet of Things is going to change society and is driving data into the Brontobytes. Expected is that by 2020, 40% of all data generated can be contributed to the Internet of Things, resulting in an industry worth almost $ 950 billion, according to Westbase Technology who have released this infographic. The advantages of the Internet of Things are obvious of course; smart connected devices that share data and make information always available to make informed decisions.

M2M connectivity can best be described as devices that are capable of communicating with each other, without the need for human interaction. Global M2M applications include smart CCTV cameras, vehicle tracking, self-driving cars, secure ATM’s, smart energy metering, patient monitoring and many more possible applications. This infographic shows a few of these applications from telematics to utilities monitoring thanks to sensors.

 

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This article originally appeared on Datafloq.