Our planet has more connected devices than people. The IoT will transform the way businesses, governments, and humans interact with the rest of the connected world.
But as with any new technology, IoT issues do exist. Concerns include acceptance, cost, connectivity, security, and more. As many new players enter the field, standards still are being set. But even with these challenges, the end goals of IoT have so much promise.
As even newer technologies and connectivity strategies hit the market, IoT innovation will continue to evolve, furthering the transformation of unconnected objects into smart connected devices. This trend will impact industries of all kinds, as well as our personal lives.