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Sensory and Tracking Technologies Are the Key to IoT Proliferation

Of all emerging technologies, executives believe the IoT will be the most important, ranking it above others such as artificial intelligence or robotics, Forbes reports. Some of the most recent estimates suggest that IoT technology revenues across 12 key smart city technologies and verticals will grow from around $25 billion in 2017 to $62 billion in 2026 at an average growth rate of 11%. But the successful real-world impact of IoT depends on enabling infrastructure, such as sensory and tracking technologies, advanced analytical capabilities running on the new generation of processing power.

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