Jason Hope is both a futurist and an entrepreneur from Scottsdale, Arizona. He feels partially due to the internet the future has arrived. The modern device has the ability to communicate with its manufacturer. This places new possibilities in fields like retail and health care. Jason says that within five years any device that does not contain sensors, electronics or software will be considered obsolete.
The industry of paying by mobile is becoming more accepted. Even more innovations concerning this field are expected. It is easier and more efficient than credit cards or cash. A good example is the Apple Watch. This watch is in the process of establishing the IoT ecosystem by Apple. They want to be with you anywhere you are including your home, car and even when you go see your doctor.
When all of the major auto manufacturers adopted CarPlay by Apple, Tim Cook was beyond ecstatic. This effectively integrated iOS with cars. It was just seven years previously that all of the automakers went after Apple for the rights to integrate but Apple had declined. They were looking at a much larger picture and wanted one system that was centralized.
The market that may have the most potential for the IoT is Healthcare. According to research there will be a market worth $117 billion in the healthcare field by the year 2020. The devices are already here but they not been coordinated yet. Health trackers are only currently able to monitor a couple of very specific activities. They still need to be organized into one central system that can optimize all of the possible capabilities.
Jason Hope sees all of the amazing possibilities technology brings. Many of the predictions he has made are already coming to fruition. Jason Hope is excited about what he sees happening in the next five to ten years.
Learn more from Jason Hope about Investing at https://www.investing.com/analysis/the-reason-behind-netgear’s-30-stock-increase-200173084