[{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/www.the-future-of-commerce.com\/2014\/04\/23\/infographic-understanding-the-internet-of-things\/#BlogPosting","mainEntityOfPage":"https:\/\/www.the-future-of-commerce.com\/2014\/04\/23\/infographic-understanding-the-internet-of-things\/","headline":"Infographic: Understanding the Internet of Things","name":"Infographic: Understanding the Internet of Things","description":"Already, 10 billion devices are connected to the web, and by 2015, the IoT will boast of 25 billion Internet-connected devices. The potential is huge for this commerce system that sells both digital and physical products.","datePublished":"2014-04-23","dateModified":"2024-02-28","author":{"@type":"Person","@id":"https:\/\/www.the-future-of-commerce.com\/contributor\/amy\/#Person","name":"Amy Hatch","url":"https:\/\/www.the-future-of-commerce.com\/contributor\/amy\/","identifier":5,"image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/58a96e3922c3a3554b3ac5a72d5dcb06fcb90f2073da9af5ccd64f0ce10fb2fe?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/58a96e3922c3a3554b3ac5a72d5dcb06fcb90f2073da9af5ccd64f0ce10fb2fe?s=96&d=mm&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"The Future of Commerce","logo":{"@type":"ImageObject","@id":"https:\/\/www.the-future-of-commerce.com\/wp-content\/uploads\/2023\/01\/logo-foc-schema-app-1.png","url":"https:\/\/www.the-future-of-commerce.com\/wp-content\/uploads\/2023\/01\/logo-foc-schema-app-1.png","width":172,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/www.the-future-of-commerce.com\/wp-content\/uploads\/2017\/06\/thumbnail-5ee2fe753fa2ffb23c35c60a6ac26d21.jpeg","url":"https:\/\/www.the-future-of-commerce.com\/wp-content\/uploads\/2017\/06\/thumbnail-5ee2fe753fa2ffb23c35c60a6ac26d21.jpeg","height":375,"width":1200},"url":"https:\/\/www.the-future-of-commerce.com\/2014\/04\/23\/infographic-understanding-the-internet-of-things\/","about":[{"@type":"Thing","@id":"https:\/\/www.the-future-of-commerce.com\/commerce\/","name":"Commerce","sameAs":["https:\/\/en.wikipedia.org\/wiki\/Commerce","http:\/\/www.wikidata.org\/entity\/Q26643"]},{"@type":"Thing","@id":"https:\/\/www.the-future-of-commerce.com\/commerce\/commerce-general\/","name":"Commerce","sameAs":["https:\/\/en.wikipedia.org\/wiki\/Commerce","http:\/\/www.wikidata.org\/entity\/Q26643"]},{"@type":"Thing","@id":"https:\/\/www.the-future-of-commerce.com\/commerce\/trends-commerce\/","name":"Trends","sameAs":["https:\/\/en.wikipedia.org\/wiki\/Fad","http:\/\/www.wikidata.org\/entity\/Q787045"]}],"wordCount":185,"keywords":["E-commerce","Infographics","IoT | Internet of Things"],"articleBody":"We’ve talked a lot lately about the Internet of Things and its potential to disrupt retail and other industries in a very significant way in the next 12 months, and the infographic below does a great job of breaking down its development.As Michael Vax noted, at its core the Internet of Things combines a smart device with a cloud service. Already, 10 billion devices are connected to the web, and by 2015, the IoT will boast 25 billion internet-connected devices.\u00a0Some interesting data points:By 2020, the global IoT market is predicted to reach $8.9 billion.In that same year, there will be more than 200 billion connected devices.In a worldwide survey of 800 business leaders, 96 percent said they will be using the IoT “in some way” in the next three years.68 percent of business leaders surveyed say they are already allocating budget to IoT17 percent are already using IoT externally.IoT devices also open users up to cyber attacks, making security a top priority in the development of this market.Expand InfographicSource: BestComputerScienceDegrees.com  Ready for the next big disruption?Want to be?Future-proofing your businessstarts HERE."},{"@context":"https:\/\/schema.org\/","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"2014","item":"https:\/\/www.the-future-of-commerce.com\/2014\/#breadcrumbitem"},{"@type":"ListItem","position":2,"name":"04","item":"https:\/\/www.the-future-of-commerce.com\/2014\/\/04\/#breadcrumbitem"},{"@type":"ListItem","position":3,"name":"23","item":"https:\/\/www.the-future-of-commerce.com\/2014\/\/04\/\/23\/#breadcrumbitem"},{"@type":"ListItem","position":4,"name":"Infographic: Understanding the Internet of Things","item":"https:\/\/www.the-future-of-commerce.com\/2014\/04\/23\/infographic-understanding-the-internet-of-things\/#breadcrumbitem"}]}]