Visualizing the Insane Growth of the "Internet of Things"

AMZN SWKS

Over the past several years, the Internet of Things (IoT) has become the hottest emerging trend in the technology sector. Tech giants like Amazon (AMZN - Free Report) are developing new ways to bring the idea into your home, and chipmakers like Skyworks Solutions (SWKS - Free Report) are designing the latest internal hardware to power the emerging trend.

Now, if you’ve never heard of the Internet of Things before—or if you are interested in specific IoT-related investment ideas—make sure to check out our exclusive guide, “How to Invest in the Internet of Things.”

If you prefer the abridged version, just know that IoT technology promises to further connect the entire world, improving efficiencies and bettering lives in a number of different industries.

And although tech buzzwords seem to come and go in the blink of an eye, it’s already pretty clear that the Internet of Things is here to stay. Thanks to its wide range of applications, which will benefit everything from commercial manufacturing to municipal infrastructure building, the IoT network is expected to grow at shocking rate over the next decade or so.

But exactly how big will the Internet of Things get? Check out the facts in this Zacks exclusive infographic:

It’s pretty clear that the Internet of Things still has a ton of room to grow, so as an investor, it is essential to have a strategy for profiting off of this booming tech market.

Want more market analysis from this author? Make sure to follow @Ryan_McQueeney on Twitter!

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