Eager to cash in on the massive potential for IoT-based data storage and analytics, public-cloud vendors are diving headlong into the IoT market, offering enterprises everything from individual building blocks to fully managed services and every combination in between.
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The amount of data that is expected to be generated by IoT devices is staggering. IDC predicts that by 2025, there will be 55.9 billion connected devices worldwide, 75% of which will be connected to an IoT platform. IDC estimates the amount of data generated from IoT devices will be 79.4 zettabytes by 2025.
Source:: Network World – IoT