Healthcare Internet of Things to Reach $117 Billion by 2020

By Jennifer Bresnick - HealthIT Analytics, Apr. 22, 2015 – 

Big data and the healthcare Internet of Things is poised for explosive growth over the next half-decade, says a new report by MarketResearch.com, expanding at a 15.1 percent compound annual growth rate to hit $117 billion by 2020.

As big data analytics and innovative connections between software, hardware, sensors, and mobile devices better capture consumer needs and behaviors, investment in the healthcare Internet of Things market segment will have one of the highest CAGRs during the next few years.

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