History of the Internet of Things (IoT)
Internet of things was initialized in 1980 with the CocaCola vending machine through which a lot of revenue has been generated by this company. Statistics proved that they spread this vending machine throughout their branches globally to increase their financial value.
However, the Internet of things (IoT) was continued in the year 1999 by Kevin Ashton while he was serving in Procter&Gamble (PnG). He introduced RFID (Radio Frequency Identification) to gain the attention of his high-level authorities. However, the IoT
Since 1832 to date, there are a lot of technologies played a vital part that supported IoT at every step and that is why IoT has become the necessity of our daily life.
Overview of IoT?
In simple words, the journey from manual to automatic life is done by the Internet of things. Moreover, connectivity to the internet of each entity of the world either living or non-living is the Internet of thing. The data is now shareable through cloud computing, the sensor detected devices and wearables like smart gadgets are lies in the category of IoT. The Internet of Things has extensive usage in every sector like healthcare, education, banking, agriculture, advertising, and technology, etc.
The most common IoT devices include a rectal thermometer, connected contact lenses, smart whiteboards, attendance tracking system, Automated Teller Machine (ATM), Greenhouse automation, crop management, holograms, smartphones, etc.
Future of IoT
On April 23, 2020, Statista research department stated that the Internet of Things (IoT) is going to reach 1.1 trillion US dollars in 2022. This is going to happen through the ultimate growth of 5G technology that will hit the world incredibly.
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