The Internet of Things (IoT) is a web of connected objects or devices that are linked via networks that can interact with each other and with us. Examples include kitchen appliances, voice-operated assistants, wearable technology, and much more, that make people’s lives more comfortable and productive.
The Internet of Things is only possible due to high-speed broadband, such as cable offers at home, business or Wi-Fi hotspots. Cable is the nation’s leading broadband provider, with more than two-thirds of all high-speed internet subscribers. More than 90% of Texans have access to high-speed internet.
Thanks to the explosion of Wi-Fi enabled gadgets through the Internet of Things, cable subscribers – while at home or remotely – can lock their home’s doors, adjust the thermostat, turn on the lights, raise the window blinds or perform a number of other functions around their house.
This area is expected to grow as technology becomes more sophisticated and innovators continue to develop new devices and products.
In 2020, there were about 31 billion IoT devices worldwide, and another 4 billion are expected to be added in 2021. By 2030, the number is expected to jump to 125 billion, which will put about 15 connected devices in the hands of each consumer.