Taxing the Internet of Things

The growth of the Internet of Things (IoT) is staggering. According to industry estimates, $6 trillion will be spent to connect 24 billion IoT devices to the internet by 2020. IoT is predicted to be the largest device market in the world by 2019 — more than double the size of the smartphone, PC, tablet, connected healthcare, and wearable markets combined.

Far from a consumer-only technology revolution, IoT stands to transform the very nature of numerous industries ranging from agriculture t ...

Last Published: January 7, 2021 by Gavin

Category: Information Technology