Frost & Sullivan: IoT

Internet of things (IoT) allows the internet to grow beyond its limitations by encompassing everyday physical objects and permits them to be a part of a smart network system. These everyday objects are provided with specialized IDs to recognize them in an intelligent environment and to extend their capabilities to distribute data over networks without human-to-human interaction. The IoT technology is growing at a tremendous rate, in which millions of devices are added each year. IoT networks transfer heterogeneous data (Big Data). IoT has revolutionized the modern world. There are different IoT applications in various sectors, such as healthcare, agriculture, surveillance, transportation, smart homes, and intelligent environments, etc.