Internet of Things
The definition of the Internet of Things has evolved due to the convergence of multiple technologies including: real-time analytics, machine learning, intelligent sensors, and embedded systems.
The IoT's major significant trend in recent years is the explosive growth of devices connected and controlled by the Internet.
The IoT creates opportunities for more direct integration of the physical world into computer-based systems, resulting in efficiency improvements, economic benefits, and reduced human exertions.
According to McKinsey & Company, the number of businesses that use the IoT technologies has increased from 13 percent in 2014 to about 25 percent today. And the worldwide number of IoT-connected devices is projected to increase to 43 billion by 2023, an almost threefold increase from 2018