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AN ARTICLE A DAY, PICKED BY OUR EDITORS | | Do you wear a fitness tracker, or does a smart thermostat help keep your home at just the right temperature? Then you’re already part of the Internet of Things, where the digital and physical worlds converge. While the economic value IoT could unlock is already large, it’s still growing—by 2030, it could enable $5.5 trillion to $12.6 trillion in value globally. But that’s not to say businesses and consumers are reaping the full potential. Explore a summary of the new report, and read the full 90-page paper for free, to get up to speed on the dynamics and how to scale the IoT. | — Torea Frey, managing editor, Seattle | | New research shows that the Internet of Things offers significant economic value potential, particularly in standardized production settings, but companies must achieve scale to capture it. | | Did you enjoy this newsletter? Forward it to colleagues and friends so they can subscribe too. Was this issue forwarded to you? Sign up for it and sample our 40+ other free email subscriptions here. | | This email contains information about McKinsey’s research, insights, services, or events. By opening our emails or clicking on links, you agree to our use of cookies and web tracking technology. For more information on how we use and protect your information, please review our privacy policy. | You received this email because you subscribed to the Daily Read newsletter. | | Copyright © 2021 | McKinsey & Company, 3 World Trade Center, 175 Greenwich Street, New York, NY 10007 | | | |
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