Smart, connected devices are already transforming our world and the competitive forces in business. To demonstrate how fast this sector is growing and what an impact it will have on our lives and business, I’ve rounded up 17 of the most mind-boggling IoT numbers and stats that prove that the phenomenon is here and here to stay. The majority of people (87%) have not heard of the term ‘Internet of Things’. ATMs are considered some of the first IoT objects, and went online as far back as 1974. Back in 2008, there were already more objects connected to the Internet than people.

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