Saturday , 22 October 2016

An Increasingly “Connected” Lifestyle Means Major Changes Coming

By the time you finish reading this infographic, 3,810 new things will be connected to the Internet – and wireless technology is a prime driver of this growth.  Check out the role that the Internet of Things is playing in our day-to-day lives to see some of the ways we are benefiting from increased connectivity.

The commentary below consists of edited excerpts from an article* by The infographic** was designed by

In fact, the future looks very different as we adopt to these technological trends. Already, 71% of Americans using wearable technology claim that it has improved their overall health and fitness. Imagine what will happen with more immersive analytics, a preventative mindset, more metrics of useful health functions, and integration into the health system.

The connected lifestyle means that there could be 500 devices in each home connected to the web by 2022. Every light bulb, lock, thermostat, appliance, and item with an electronic circuit could be networked together, finding synergy. As strange as it may seem, by 2020 researchers even expect 100 million light bulbs and lamps to be connected to this grid.

Entertainment and convenience are driving the “smart home” concept, which is expected to be worth $56 billion in 2018, but there is also the benefit of creating a more energy efficient world… Self-adjusting thermostats, lights, and appliances will increase the efficiency of homes to make a big impact on net efficiency.

From the moment your connected alarm clock wakes you up early if the traffic is especially bad, to the time you turn off all the lights in your home without having to leave your bedside at night —the Internet of Things is redefining our lives and the way we go about our entire day. 
The above article has been edited by Lorimer Wilson, editor of (Your Key to Making Money!) and the FREE Market Intelligence Report newsletter (see sample here – register here) for the sake of clarity ([ ]) and brevity (…) to provide a fast and easy read.

*; **

Related Articles from the munKNEE Vault:

1. What Is – Why Invest In – the New “Internet of Things” (IoT) Market?

By next year there will be twice as many devices connected to the Internet as there are people in the world, according to some estimates, and by the end of the decade, that number may hit 50 billion. This burgeoning market is referred to as the Internet of Things (IoT). This infographic provides a description of the developing IoT space and identifies major companies who are shaping this new market sector and worth looking at for exposure to this important trend.

2. The Next Step In Technology Is the “Internet of Things” & These Companies Have Exposure To It

Technology companies have a history of not getting along, but if they’re going to be successful in the so-called “Internet of Things” (IoT), they’ll have to find a way to do it. This article focuses on what is necessary for widespread adoption, explain the consumer and enterprise sides of adoption and provide a list of companies they expect to have exposure to this next step in technology.

3. The “Internet of Things” – Spearheading Another Industrial Revolution

The Internet of Things is starting to take over all aspects of life. More and more devices and even appliances are connecting to the Internet, not only supposedly making our lives more convenient, but also making them inherently more complicated in some ways. The Internet of Things has already had a major impact on Consumer segments over the last 15 years and now it is beginning to move into Industrials, where a Goldman Sachs team of analysts thinks the economic impact will be greater. Here’s what they had to say and how it will impact your way of life.

4. “Internet of Things” Emerging As Next Mega-trend – Here’s What’s Happening

The Internet of Things is emerging as a third, and potentially the biggest, trend yet in the development of the Internet. Here’s why.

5. Using the “Internet of Things” Is A Tricky Investment Idea – Here’s Why

The Internet of Things has entered the mainstream but…will move at different speeds, in different industries, over the next few decades as the cost of connectivity continues to drop.