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The internet of things involves the use of devices and sensors to send data across a network. This allows for benefits like predictive maintenance, use of artificial intelligence and the leveraging of remote medicine. And so what about internet of things stocks? Well, there are a variety available. But before looking at them, let’s consider some of the trends in the industry.
First of all, the internet of things category is expected to see substantial growth. According to IDC, the number of connected devices is forecast to reach a staggering 41.6 billion by 2025 and the amount of data processed will be 79.4 zettabytes. Note that one zettabyte is about 1 trillion hours of Netflix (NASDAQ:NFLX) streaming.
Applications like video surveillance will be a big part of the growth of the internet of things. But of course, there