IoT global stats: history of IoT

The term Internet of things is 20 years old. It was back in 1999 that this expression was invented by the British technology pioneer Kevin Ashton. Ashton used this term during his work at Procter & Gamble, in supply chain optimization, to describe a system where the Internet is connected to the physical world via ubiquitous sensors.

Very interesting things happened in the following years. There were some amazing events in that period. For example, in 2000 LG announces Internet Digital DIOS, the world ́s first internet-enabled refrigerator. In 2005 Nabaztag is introduced to the world. It was a small robot, programmed to gather weather reports, news and stock market changes and read them aloud to the owner.

A few years later in 2008, the 1st international conference on the Internet of Things was held in Zurich, Switzerland. The next year, Google starts testing self-driving cars and St. Jude Medical becomes an adopter of IoT for healthcare. Then in 2010, China became the first government in recognizing the Internet of Things as a strategic priority, which was huge for this new IoT era.

Although the IoT was slowly gaining attention in the 2000s, it wasn ́t until 2010 that it really started to gain popularity. By 2013, IoT had evolved into an incredible system using multiple technologies. It is impressive to see how it has outgrown all other related concepts in popularity. Taking a look at what is being predicted for 2020, we can only try to imagine where this whole world is going and what an impact it is going to make in our lives!

You can find the complete infographic here: