10 IoT Trends Shaping 2017

What can we expect from the Internet of Things (IoT) industry in 2017? According to a report from Juniper Research, wearable advertising spend is estimated to reach $68.7 million 2019 opening new opportunities for marketers. Statista states industrial manufacturing is predicted to increase from $472B in 2014 to $890B in global IoT spending. Healthcare and life sciences are projected to increase from $520B in 2014 to $1.335T in 2020, attaining a 17% CAGR. More organizations are adopting IoT strategies to improve real-time data analytics, including monitoring and tracking and sensor-driven decision analytics. Here are 10 IoT trends to watch out for this year.