In 20 16, global enterprises spent $12 billion on products and services of Internet of Things technology, and this figure will increase to $253 billion in 202 1 year, reaching a compound annual growth rate of 16%.

_ What's the matter with you? The compound annual growth rate of 17% will increase and reach143 billion USD by 202 1.

_? The compound annual growth rate of 20% predicts that Asia will grow at the highest speed, accounting for about 35% of the total expenditure by 202 1.