The internet revolutionized personal and business interactions by connecting people across the globe, and now, the Internet of Things (IoT) looks as if it could have a similarly transformative effect by getting the world's devices talking to each other. The movement toward nearly ubiquitous device connectivity is still in the early stages, however, Cisco Systems (NASDAQ:CSCO), Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL), Verizon (NYSE:VZ), and other big names in tech are working toward a future in which machine-to-machine (M2M) communication unlocks huge potential.

Click through the following presentation for 10 stats that illustrate the progression of the Internet of Things in key areas including M2M communication, wearable technology, connected cars, and wireless networks.

10 Stats That Tell the "Internet of Things" Story from The Motley Fool