Concerns over Data Protection and Security the Global Internet of Things (IOT) Market to Grow at a CAGR of 31.72% by 2019

Albany, NY -- (SBWIRE) -- 03/10/2017 -- The Internet of Things (IoT) is a network of physical tangible objects interconnected through various network technologies. These objects can communicate among themselves and with the external environment when required. IoT facilitates an interconnection of end-user devices and the underlying communication devices. IoT combines hardware, embedded software, communication services, and IT services. IoT helps create smart communication environments such as smart homes, smart shopping, smart transportation, and smart healthcare. The major components of IoT include RFID, WSN, NFC, cloud services, gateways, data storage and analytics, and visualization elements. IoT helps in efficient monitoring and management of numerous interconnected devices.