Earlier what was called machine to machine was merely an idea and now IoT which is a giant network of connected things is no longer a nascent dream. McKinsey predicts the IoT market will be worth $581B for ICT-based spend alone by 2020, growing at a Compound Annual Growth Rate (CAGR) between 7 and 15%. According to Statista, for 2020, the installed base of Internet of Things devices is forecast to grow to almost 31 billion worldwide.
Technology is everywhere and it is changing the way we live, learn and work! From cars to dishwashers, daily use items are becoming connected devices and smartphones are becoming a complete remote control to life . According to Statista, the installed base of “Internet of Things” devices is forecast to grow to almost 31 billion worldwide. Today, Internet of things is transforming various industries and the realm of education is no exception to IoT’s influence.
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