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GLOBAL MARKET FOR CLOUD-BASED INFRASTRUCTURE SET TO SPIKE BY 2020

Market research firm Memoori released a new report which projects that the global market for the Internet of Things will rise to USD $85 billion by 2020. Specifically, the overall market for buildings services systems (like HVAC analytics systems, etc.) will grow from USD $111 billion in 2014 to USD $181 billion in 2020.

Read Memoori’s new report here.