This Chart Explores the Internet of Things' Revolution on Jobs
References: graduatedegrees.online.njit.edu & visual.ly
According to the 'The 2020 IoT: How to Prepare for the Future' infographic, career-preparing will drastically shift from the way it is now as employees and employers prepare to intergrade connected objects and the wireless exchange of data thanks to the growing expansion of the Internet of Things. This chart explores what the Internet of Things means and how projections for 2020 will increase the needs of certain jobs and the consumption of various products.
According to this infographic the Internet of Things can be defined as "the idea of connecting any device to the Internet' and by 2020 the Internet of Things market will have grown to a $3.04 trillion dollar industry affecting consumers, businesses and nations. This chart breaks down the different areas of the Internet of Things from current uses and its potential as an industry to upcoming hurdles. This is an ideal read for both employees and businesses looking to tap into this growing market.
According to this infographic the Internet of Things can be defined as "the idea of connecting any device to the Internet' and by 2020 the Internet of Things market will have grown to a $3.04 trillion dollar industry affecting consumers, businesses and nations. This chart breaks down the different areas of the Internet of Things from current uses and its potential as an industry to upcoming hurdles. This is an ideal read for both employees and businesses looking to tap into this growing market.
Trend Themes
1. Internet of Things Revolution - The shift to integrate connected objects and wireless exchange of data will disrupt current job preparation and create opportunities for IoT-focused careers.
2. Iot Market Growth - The projected growth of the IoT market to $3.04 trillion by 2020 indicates a massive opportunity for companies to tap into this expanding industry.
3. Iot in the Workplace - The growth of IoT will increase the demand for certain jobs, creating opportunities for training and skill development in IoT-related fields.
Industry Implications
1. Technology - The technology industry has a significant opportunity to capitalize on the growth of the IoT market and create IoT-focused products and services.
2. Skills Training - The shift towards IoT in the workplace creates opportunities for skills training programs to develop new IoT-specific curricula to prepare workers for these new types of jobs.
3. Consumer Goods - The growth of the IoT market will increase the consumption of various products, creating opportunities for companies to develop IoT-enabled products for consumers.
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