makingsense146886674
My Life Graphic / Shutterstock.com
29 September 2014PatentsTreena Grevatt and Anand Rohit

Making sense of the internet of things

The internet of things (IoT)—a catch-all term for the inter-connected devices that send data to and from each other—is a major, rising, market. International Data Corporation (IDC) predicts the market size by 2020 to be $7.1 trillion. There will, according to this prediction, be tens of billions of installed devices. The prediction may be optimistic—one company has described IoT as the most-hyped emerging technology of 2014—but we should still expect widespread and rapid growth in the sector over the next ten years. IoT will be an area of rich opportunity for businesses in the coming years, and especially for inventors and patent owners.

There is work to do now, to catch this rising wave of opportunity:

Market landscapes are changing and these changes and their impacts on IP must
be understood;

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Patents
7 October 2014   Canada-based patent consulting service TechInsights has appointed a new vice president of commercial transactions.
Copyright
1 February 2011   UBM TechInsights, a patent portfolio manager, has expanded its US patent brokerage team with the additions of Arthur Monk and William Sweet, the company announced in January.