The market size of the Internet of Things is expected to reach $7.1 trillion by 2020, according to IDC. The Internet of Things (IoT) will connect formerly unconnected "things" to the Internet (think cars, shipping containers, livestock, etc.) so that they can collect and analyze data and automate systems.
Major technology companies like Apple, Alphabet, Microsoft, Intel, and many others have already moved into the space. But the big players aren't the only ones that will benefit from the IoT. Sierra Wireless (SWIR) is a small-cap company that's already established itself as a leader in the IoT space, and it has plenty of room to grow. Click on the slideshow below to find out why Sierra Wireless is leading the competition, how the company's currently performing, and the risks investors should look out for.
The next billion-dollar iSecret
The world's biggest tech company forgot to show you something at its recent event, but a few Wall Street analysts and the Fool didn't miss a beat: There's a small company that's powering their brand-new gadgets and the coming revolution in technology. And we think its stock price has nearly unlimited room to run for early in-the-know investors! To be one of them, just click here.
