The phrase Internet of Things commonly refers to the situations where network connectivity and computing ability brings objects into its scope as well. Devices and everyday objects that are usually not considered computers, as it permits these devices to create, interchange and consume data with negligible human involvement. However, there is no universal definition of Internet of Things.

Predictions for the influence of Internet of Things on the Internet and economy are remarkable, with some anticipating more than 101 billion connected Internet of Things devices and a universal financial influence of more than $10 trillion by 2025.




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