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.
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.