IDC estimates global investment of $745 billion in 2019, a 15.4% increase over 2018. IoT will consolidate its market position and top the $1 trillion mark by 2022, IDC says. The top investors in IoT solutions will in automobiles, furniture, toys, smartphones and airplanes. Mexico, Chile and Mexico will lead countries focusing in IoT in 2019. The fastest spending growth will come from Mexico (28.3% CAGR), Colombia (24.9%) and Chile.”]
Source: https://www.bitdefender.com/blog/hotforsecurity/745-billion-spent-iot-solutions-2019-idc-predicts/