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One Of The Best Investments Today In The $1 Trillion IoT Market

But Money Morning Director of Tech & Venture Capital Michael A. Robinson says that when you add in the applications of the healthcare and medical fields, you can add another $2 trillion to the market's size.

The "wearapeutics" and digital healthcare marketplace in 2015 was worth roughly $5.7 billion, according to IoT research company Parks Associates. But in 10 years, the segment is projected to hit $97 billion. That's annual growth of 33% for an entire decade.

From the article "One Of The Best Investments Today In The $1 Trillion IoT Market" by Diane Alter.

Previously In The News

The Sound Of The Internet Of Things (And Why It Matters For Brands)

In the next five years, Business Insider estimates that brands are going to spend around $5 trillion on the Internet of Things. For a third year in a row, the subject has dominated CES, the global con...

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Fortunately for pay-television providers, Kelling is not alone in what the industry calls “over-the-top” video consumption. According to the market research firm Parks Associates, 81 percent of U.S. h...

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It’s one of the biggest arms races of the 21st century—literally. Once the preserve of hardcore fitness junkies, the activity tracker industry has exploded into the mainstream and is now set to surpas...

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