In what's poised to be one of the highest-profile tech trends of the next several decades, the Internet of Things (IoT) comes with growth estimates ranging anywhere from bullish to borderline preposterous. Here's a smattering of IoT estimates from a quick search: 1. 20 billion devices will be connected to the IoT by 2020, according to Gartner. 2. Consultancy Bain & Co. believes IoT-related hardware, software, and solutions will produce over $450 billion in revenues by 2020. 3. General Electric estimates that IoT investments for industrial applications alone will total $60 trillion over the next 15 years.
Say what you will about some of these estimates, but the Internet of Things' long-term impact is undeniable, and investors are clamoring to identify the companies helping make the trend a reality. So let's examine the IoT investing theses for dividend stocks Cisco Systems (NASDAQ:CSCO) and Skyworks Solutions (NASDAQ:SWKS).
Source: Motley Fool
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