What is the future of the Internet of Things? We have the answer...

The number of smart home devices is estimated to surpass 1 billion in the US alone by 2023, with consumers shelling out over $90 billion — or $725 per household — on Internet of Things solutions.

This will mark the beginning of mammoth growth in a space that, for quite some time, struggled to take off.

Business Insider Intelligence has the roadmap for the future of the IoT in The IoT Forecast 2018, which provides the consumer IoT forecasts necessary to grasp where the market is headed, and takes a look at the key drivers propelling it forward.

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