Nine IoT Predictions for 2019 - IEEE Internet of Things

By 2020, the Internet of Things (IoT) is predicted to generate an additional $344B in revenues, as well as to drive $177B in cost reductions. IoT and smart devices are already increasing performance metrics of major US-based factories. They are in the hands of employees, covering routine management issues and boosting their productivity by 40-60% [1]. The following list of predictions (Figure 1) explores the state of IoT in 2019 and covering IoT impact on many aspects business and technology including Digital Transformation, Blockchain, AI, and 5G. By the end of this year there will be are around 3.6 billion devices that are actively connected to the Internet and used for daily tasks according to IT Pro [8].