As the Internet of Things continues its astonishing growth, smart and connected technologies are at the forefront of most IoT conversations. Lesser recognized are developments in sensors that are making these smart devices possible. The Boston Consulting Group predicts that by 2020, some $267 billion will be spent on IoT technologies, products, and services. Sensors are the spark plugs behind much of that growth.
“They’re going to be bigger than the internet,” said Dr. Ali Akansu, professor of electrical and computer engineering at the New Jersey Institute of Technology, when asked about the impact of these technologies.