The advancement of technologies that fueled proliferation of devices has driven the growth of IoT technologies. Currently, IoT is poised to cross over into the mainstream. According to various market projections, the number of IoT-connected devices will increase to 43 billion by 2023. As IoT is expected to become a part of the mainstream, it will open the doors for easier implementation of IoT technologies. As a result, most companies, small and medium-sized businesses will be able to generate benefits from IoT applications. Bigger companies already investing their resources to take advantage of IoT technologies, but the widening of the IoT landscape would increase the number of beneficiaries exponentially. Even though the smaller companies might not have the financial cushion to execute innovative implementations, they should be able to access easy-to-use, low-cost solutions, which are plenty on offer now. Steady but fast growth: Since the beginning of the second decade of the new m...
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