Retail spend on ‘Internet of Things’ to Reach $2.5bn by 2020 – Oxford Prospect

New data from Juniper Research has revealed that retailers seeking to capitalise on IoT (Internet of Things) technologies will spend an estimated $2.5 billion in hardware and installation costs, nearly a fourfold increase over this year’s estimated $670 million spend.

Sourced through Scoop.it from: www.oxfordprospect.com

http://www.oxfordprospect.com/technology/retail-spend-internet-things-reach-2-5bn-2020/

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