“While the Internet of Things has already had a significant impact on the transportation industry – about 40 percent of commercial vehicles are connected, Nasser estimates – it is becoming ubiquitous. The number of all types of connected devices in this county is projected to grow from the current 62 million into the billions, and about $1.3 trillion is expected to be spent on IoT technology by 2019, according to Nasser.”

Source: The Internet of Things and tech trends IT leaders should have on their radar for 2017 – The Business Journals