But Money Morning Director of Tech & Venture Capital Michael A. Robinson says that when you add in the applications of the healthcare and medical fields, you can add another $2 trillion to the market's size.

The "wearapeutics" and digital healthcare marketplace in 2015 was worth roughly $5.7 billion, according to IoT research company Parks Associates. But in 10 years, the segment is projected to hit $97 billion. That's annual growth of 33% for an entire decade.

From the article "One Of The Best Investments Today In The $1 Trillion IoT Market" by Diane Alter.

Previous: This Market Could Grow 33% A Year For The Next Decade

Be the first to leave a comment.

Have a comment? Login or create an account to start a discussion.