The Internet of Things (IoT) is growing and it’s shifting the way businesses interact with people. By simply connecting “things” and the data they produce, companies can gain deeper insights to improve overall performance. The global M2M (machineto-machine) industry size is forecast to grow to 199.6 billion U.S. dollars in revenue by 2022 http://www.statista.com/topics/1843/ m2m-machine-to-machine/ There are 194.9 million global M2M connections http://www.statista.com/topics/1843/m2m-machine-to-machine/ The number of connected devices worldwide are expected to reach 22.9 billion iot-number-of-connected-devices-worldwide/ in 2016 http://www.statista.com/statistics/471264/ The top 5 sectors of M2M Automotive industry Public transport Intelligent buildings Smart cities Smart (connected) home market http://www.statista.com/topics/1843/m2m-machine-to-machine/ 15% The connected kitchen will contribute at least 15% savings in the food and beverage industry by 2020 http://www.information-age.com/technology/ mobile-and-networking/123458905/ gartners-internet-things-predictions Revenue from M2M within the healthcare segment is projected at around 7.9 billion U.S. dollars http://www.statista.com/statistics/270844/ distribution-of-global-m2m-revenue/ 70% The most successful wearables on the market are smartwatches and fitness and health trackers, which are expected to account for more than 70% of all wearable sales worldwide this year http://www.statista.com/statistics/413225/ wearables-worldwide-unit-sales-forecast/ In 2015, the IoT services spending amounted to 192.9 billion U.S. dollars http://www.statista.com/statistics/520692/ iot-services-spending-worldwide/ About 94% of all businesses have seen a return on their IoT investments http://info.csgi.com/m2m-internet-of-things Global Payments is a forward-looking, global commerce company focused on delivering quality services driven by customer needs around the world. As a leading provider of payment technology services, our worldwide partnerships and expertise enable us to provide a broad range of products and services that help businesses innovate and grow.
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