22. 1.9 billion smart home devices were expected to be sold by the end of 2019.

Smart home devices are slowly becoming a habit and a necessity for us, as they make our lives easier. From smart lights that are controlled via smartphone to smart locks, the industry is worth billions.

Large companies are investing insane amounts of money following IoT trends, expecting to get a cut of the $490 billion profit made on the nearly 2 billion devices that will be sold by the end of the year. We saw Google buying the famous Nest thermostat for $3.2 billion, and they aren’t the only one investing, with Samsung acquiring SmartThings for $200 million.

23. More than 20% of US consumers will acquire a smart device by the end of 2020.

A fifth of all American consumers is expected to purchase a smart device by the end of next year, IoT statistics claim. This includes smart thermostats, refrigerators, security systems, and even smart clothing.

24. 14% of US consumers are expected to purchase an article of smart clothing by 2020.

By the time 2020 comes knockin’, 14% of all US consumers are expected to buy at least one piece of smart clothing. Smart shoes, shorts, and bras are mostly intended for athletic purposes, with heart rate and muscle activity tracking sensors, as well as other data that can be immensely helpful to professional athletes and their coaches.

So what is the future of the Internet of Things? One of the answers points to the health industry. It can benefit from these devices, as they can be much less inconvenient than the usual heart rate monitoring systems, especially for infants.

Smart jackets that let us interact with our phone without actually touching it are also expected to become a big thing.

25. The number of wearable devices sold is expected to grow by 191.5% in 2020.

Wearable devices, such as smart watches, were one of the most sold IoT items back in 2016, with more than 28.3 million units. Wearable devices, one of the largest IoT market segments when it comes to personal use, are expected to sell around 82.5 million units in 2020. This doesn’t include smart clothing.

26. 57% of smart device owners say they use their gadget to save time.

Most smart device owners claim that the main purpose of their device is to save time. IoT devices are really good at this; from devices that help you cook and clean faster to devices such as Amazon Alexa and Google Home, which function as our virtual assistants, time-management has never been easier.

27. 45% of smart device owners say their device saves them money,

Internet of Things statistics from 2018 tell us that 45% of IoT device owners used their gadgets to save money. For this purpose, the most commonly used gadgets include smart LED lights, thermostats, and fridges. Being able to turn off the lights you’ve forgotten about, set the right temperature when you’re out of the house, or take a peek at what you have in your fridge while you’re at the store is a 21st-century convenience that we’ve quickly gotten used to and that can save us thousands of dollars every year.

28. One in five vehicles will have a wireless connection by 2020.

When it comes to IoT market size, Gartner predicts that the car industry will take a large chunk of it. According to their analysis, every fifth vehicle on the road will have some form of wireless connection by 2020. Cars have been using IoT technology for some time now, whether it’s to provide remote access to climate controls or to send data back to the manufacturer.

29. 60% of US customers are willing to share their car’s data with the manufacturer.

60% of all new car owners in the US agree that the data their car collects can be sent back to the manufacturer for analysis. The number of connected devices is so vast in this branch that car producers are constantly approached by advertisers who want to gain insight into the data.

30. Just 0.06% of the things that could be connected to the internet currently are.

IoT technology’s inevitable progress is best predicted by the fact that only 0.06% of all things that could be connected to the internet are currently connected. In the next few years, we will have the chance to witness a major influx of internet-connected devices. This and the similar Internet of Things facts on this list show us that, as more things in our surroundings get connected, the more convenient our lives become.