The “Internet of Things (IoT)” and M2M: Wireless Sensors to Boom, Aided by Nanotechnology, Business and Industry Trends Analysis

The phrase “Internet of Things” or “IoT” will become increasingly commonplace.  It refers to wireless communications known as M2M or machine-to-machine.  M2M can be as simple as a refrigerator that lets a smartphone app know when you are running low on milk (via Wi-Fi) to a vast, exceedingly complex network of wireless devices connecting all of the devices in a massive factory.  Analysts at network device giant Cisco expect M2M connections to grow dramatically and rapidly, to 14.6 billion by 2022, while they expect M2M-related traffic on the internet to grow more than sevenfold over the same period. A Wireless…

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