The Internet of Things has been widely used in various fields. The world is also slowly transforming the Internet of Things into the Internet of Everything. It is reported that by 2022, global spending on IoT technology is expected to reach $1.2 trillion, with a compound annual growth rate of 13.6% from 2017 to 2022. So how did the booming Internet of Things develop?

The following is a summary of major events related to the Internet of Things:

1969:Arpanet, a pioneer of the modern Internet, was developed and put into use by the Defense Advanced Research Projects Agency DARPA. This is the foundation of the Internet of Things.

1982:Programmers at Carnegie Mellon University connected Coca-Cola vending machines to the Internet, allowing them to check whether the machine has cold drinks before purchasing. It is generally considered to be one of the earliest Internet of Things devices.

1990:To meet this challenge, John Romkey connected a toaster to the Internet and successfully turned it on and off, an experiment that brought us one step closer to the Internet of Things.

1995:The first version of the GPS satellite project operated by the US government was finally completed. Since then, this has provided one of the most important and fundamental functions for most IoT devices today: GPS positioning.

1999:In this year, Kevin Ashton, head of the MIT Auto-ID Laboratory, first coined the term "Internet of Things" in a speech to illustrate the potential of RFID tracking technology.

2007:The first iPhone was launched, providing the public with a new way to interact with the world and connect devices.

2008:The first International Internet of Things Conference was held in Zurich, Switzerland. And this year is worth remembering because in 2008, the number of IoT devices exceeded the number of people on the earth for the first time.

2010:The Chinese government listed the Internet of Things as a key technology and announced that the Internet of Things is part of its long-term development plan. In the same year, Nest released a smart thermostat that can understand the user's living habits and automatically adjust the temperature of the house. Nest made the concept of "smart home" a focus of people's attention.

2013:The launch of Google Smart Glass is a revolutionary advancement in the Internet of Things and wearable technology.

2014:Amazon launches Echo smart speaker, paving the way for entry into the smart home hub market. It was also the year that the Industrial Internet of Things Standards Alliance was established, which indirectly indicated that the Internet of Things has the potential to change the way any manufacturing and supply chain process operates.

2017-2025:The development of the Internet of Things has become cheaper, easier and more widely accepted, triggering a wave of innovation across the industry. Self-driving cars are constantly improving, blockchain and artificial intelligence have begun to be integrated into the Internet of Things platform, and the increase in smartphone/broadband penetration will continue to make the Internet of Things an attractive value proposition in the future.

As can be seen, early IoT devices included mobile phones, desktop computers, and laptops. Since then, the IoT has gradually penetrated into many daily devices such as refrigerators and vending machines, becoming the Internet of Things. Now, smart home devices such as smoke alarms, electronic devices, tablets, and speakers are now connected to the Internet. The Internet of Things will eventually become the Internet of Everything, because eventually all imaginable "things" will be connected to the Internet.

The development process of the Internet of Things can be simply divided into several stages: When our wireless communication technology Internet of Things has taken shape and entered the 4G era, everyone began to contact the Internet of Things. The 5G era will be the era of the Internet explosion. In the near future, the Internet of Things will continue to develop rapidly in various industries and be adopted on a large scale. Enterprises can use the power of the Internet to sell advanced IoT devices and gain economic benefits.