A $ 3 trillion market in 2020: 3 sectors to be monitored – Trend-online.com

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Less than four years for a technological revolution which even now we can see the first signs: it is called Internet of things (IoT) and is the process by which everything that today we face will be connected to the Internet. But who will benefit?

Less than four years for a technological revolution which even now we can see the first signs: it is called Internet of things, in English the Internet of things (IoT) and is the process by which everything that today we are facing, from household appliances to everyday objects passing for the industrial, machinery factories and cars (now rather than tomorrow) and we drive in the future will guide you from sun, will be connected to the Internet. For the moment we are 6 billion connected objects, for 2020 is expected to reach more than 20 with a market that will exceed $ 3 trillion. All in less than four years. But who will benefit?

General Electric (NYSE: GE) has already started using some software to test the efficiency of some media with considerable savings in terms of fuel costs, Speeds which, translated into numbers, mean an average of 32,000 liters of

fuel for each of the two thousand locomotives that have adopted the control software, each year, and $ 50 million less fuel for aircraft, as in the case of AirAsia. A novelty that brought in GE revenue coffers for more than 5 billion, a front, that IoT, which in the future will grow with a rate of 20% per year. But when it comes to the Internet, of course, the first thought goes to telecommunications and the leader in the US is AT & T instead decided to specialize in automobiles. In this case Chris Neiger cites the PriceWaterhouseCooper statistics that the auto market will be worth 149 billion dollars by 2020.

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