Here are five key points:
1. Worldwide IoT spending will continue to grow at a compound annual growth rate of 15.6 percent, hitting $1.29 trillion in 2020.
2. Manufacturing ($178 billion), transportation ($78 billion) and utilities ($69 billion) led the pack in investments in 2016.
3. Insurance, consumer, healthcare and retail will experience the fasting spending growth through 2020.
4. Remote health monitoring will attract the most investment in the healthcare industry.
5. The Asia-Pacific region will witness the greatest IoT spending between 2015 and 2020. The United States, western Europe and Japan will follow.
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