Internet of Everything (IoE) Market Trends, Business Strategies Internet of Everything (IoE) Market Trends, Busine | Page 2
Internet of Everything (IoE) Market to 2025
Introduction
Improvements in the internet technology through which sending and receiving of data between smart devices via
network connectivity have led to innovation of new technology called Internet of Everything (IoE). IoE is a
combination of Internet of people (IoP) and machine to machine (M2M). The use of M2M communication
technology is primarily for the monitoring of remotely connected machines, thereby converting them to intelligent
assets. Cellular network, radio-frequency identification (RFID), intelligent sensors, and connectivity platforms are
the major components of M2M communication. Whereas, IoP includes all the devices and electronic systems that
communicate data with end users.
IoE specifies to consumer products and devices linked to the internet and have digital features. It is an ideology for
future with different types of devices, products and appliances connected to the worldwide internet. Thereby,
enabling smarter machines that have more access to data and enhanced networking opportunities. IoE caters to an
array of applications that include industrial machine learning systems, digital sensor interfaces/tools utilized for
remote appliances, smarter and connected mobile devices and other distributed smart/automated hardware.
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