K
Kathleen Martin
Guest
The IoT (Internet of Things) market is growing rapidly with increasing adoption of smart infrastructure to improve efficiency and countries initiating smart city projects. Today I’ll analyze Cisco Systems (CSCO), Zebra Technologies (ZBRA), and TE Connectivity (TEL), which are well-poised to benefit from this revolution.
The Internet of Things (IoT) refers to connecting devices to the internet. In this digital era, the IoT market is expanding rapidly with its growing usage in devices ranging from ordinary household items to sophisticated industrial tools. Definitively, any device that is standalone and can be connected to the internet for monitoring or controlling from a remote location is an IoT device.
IoT is an umbrella term for things connected to the internet. It can be classified into a few broad categories: Consumer IoT, Commercial IoT, Military Things (IoMT), Industrial IoT (IIoT), and Infrastructure IoT.
Since IoT adoption does not seem likely to slow down anytime soon, I am going to discuss how investors could profit on the industry’s growth prospects. Moreover, let’s see why prominent companies with exposure to the IoT market, Cisco Systems, Inc. (CSCO), Zebra Technologies Corporation (ZBRA), and TE Connectivity Ltd. (TEL), are currently smart investments.
The IoT Revolution
With a range of usages in healthcare, utilities, manufacturing, real estate, logistics, the public sector, and retail, the IoT industry is expected to grow. It is predicted that there will be more than 64 billion installed IoT devices worldwide by 2026.
Continue reading: https://www.entrepreneur.com/article/425209
The Internet of Things (IoT) refers to connecting devices to the internet. In this digital era, the IoT market is expanding rapidly with its growing usage in devices ranging from ordinary household items to sophisticated industrial tools. Definitively, any device that is standalone and can be connected to the internet for monitoring or controlling from a remote location is an IoT device.
IoT is an umbrella term for things connected to the internet. It can be classified into a few broad categories: Consumer IoT, Commercial IoT, Military Things (IoMT), Industrial IoT (IIoT), and Infrastructure IoT.
Since IoT adoption does not seem likely to slow down anytime soon, I am going to discuss how investors could profit on the industry’s growth prospects. Moreover, let’s see why prominent companies with exposure to the IoT market, Cisco Systems, Inc. (CSCO), Zebra Technologies Corporation (ZBRA), and TE Connectivity Ltd. (TEL), are currently smart investments.
The IoT Revolution
With a range of usages in healthcare, utilities, manufacturing, real estate, logistics, the public sector, and retail, the IoT industry is expected to grow. It is predicted that there will be more than 64 billion installed IoT devices worldwide by 2026.
Continue reading: https://www.entrepreneur.com/article/425209
