What is IoT and How is it Affecting the Insurance Industry?
ClaimVantage
FEBRUARY 12, 2020
It is estimated that by 2025 we will own over 50 billion network devices. With over 50 billion devices expected by 2025, the health and wellness industry will be worth an estimated $61 billion in five years. In 2014, Benson Hougland explained how the IoT helped to save his life during a TEDx talk. Graph: Mckinsey & Company.
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