It’s poised to become the largest device market in the world. One research group estimates that by 2019, it will be more than double the size of the smartphone, PC, tablet, connected car, and wearable markets combined.
Samsung even pledged a funding pool of more than $100 million for startups that want to help build the South Korean manufacturer’s vision of an entirely open ecosystem for these Net-enabled devices, so that they all speak the same language.
We’re talking about the Internet of Things (IoT) — a term referring to consumer devices, appliances, and services that connect to networks to send and receive data. When you use your mobile device to access a remote wifi security camera you’ve installed in your home, you’re using IoT. Brands like Nest thermostats and Dropcam wifi cameras (both now acquired by Google), or Jawbone and the entire wearable devices industry are IoT. And there are several hundred more companies in the space.
We took a look at eight of the hottest, most interesting, most buzzed-about IoT startups, plus 3 established brands to compile this infographic of companies we think will make it big in 2015.