Six Key Internet Of Things (IoT) Trends To Watch For In 2018

LAS VEGAS, NV - JANUARY 04: Tim Baxter, President and Chief Operating Officer of Samsung Electronics America, speaks during a press event for CES 2017 at the Mandalay Bay Convention Center on January 4, 2017 in Las Vegas, Nevada. Almost 250 years after James Watt filed his first patent in 1769, we have reached a turning point in this new industrial revolution, as ecosystem evolutions enable a new wave of innovative products to come to life. Based on analysis of over 200 hardware startups, the HAX Hardware Trends Report has identified six key ways the world of connected devices has evolved and will impact our lives in the coming years. If Internet was a revolution, it was only the beginning: the physical world is being re-invented and every industry is being affected, from construction to insurance. Investment is booming with 36 startups having raised over US$100M (there were only 8 of them three years ago) and there are 18 unicorns (private companies with a valuation above US$1B), representing close to 10% of the global blessing.