According to a recent research report by Zion Market Research, the global IoT devices market is anticipated to reach $158,140 million by 2024. The major factors driving the growth of this market include increasing wireless networking technologies and rising adoption of cloud platforms across the globe.
Open source hardware will help in driving the IoT adoption by creating a foundation for building low-cost, portable IoT solutions. Moreover, open hardware solutions will become more valuable not only because they are likely to be inexpensive, but also due to open specifications that maximise the ability of programmers to take advantage of hardware features when optimising software-defined solutions.
This story is from the July 2020 edition of CIO Review.
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This story is from the July 2020 edition of CIO Review.
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