NET GAINS
Oct 02, 2019
4 minutes
WORDS SARAH PICKETTE
YOU’LL FIND IT ON FRIDGES and coffee machines, airconditioners and lightbulbs: connectivity is a key feature in many of the items in our homes. What this means is the age of the Internet of Things (IoT) is upon us — whether you’re ready for it or not.
IoT simply refers to an item that’s connected to the internet and can collect or share data. The Australian IoT market grew a staggering 57 per cent over the past 12 months to $1.1 billion in 2018 and is forecast to reach $5.3 billion by 2023, according to Australian emerging-technology analysis firm Telsyte. “We predict sales will be driven by prices for connected appliances coming
You’re reading a preview, subscribe to read more.
Start your free 30 days