Connected cars, smart speakers, and wearable devices are already changing the tech landscape.
The Internet of Things (IoT) is a general term for many of the devices that connect to the Internet that weren't connected before. Wearable devices like a fitness tracker or Apple (NASDAQ:AAPL) Watch are IoT devices, as are Amazon.com's (NASDAQ:AMZN) Echo smart speakers and General Electric jet engines that incorporate sensors to track performance and potential problems.
The Internet of Things doesn't get quite the same buzz as, say, artificial intelligence, but its impact on the technology sector is no less significant. By 2025 there will be 55 billion Internet of Things devices, and nearly $15 trillion will be invested in IoT technologies between 2017 and 2025, according to Business Insider Intelligence research.