Charlotte Jee, Hannah Williams & Thomas Macaulay
Internet of Things (IoT) has expanded vastly over the years, scaling from what seemed to be just a futuristic field of technology to a huge space with the potential for transforming industries everywhere.
From smart homes to predictive maintenance in factories, startups are developing technologies to simplify different industries using IoT.
According to research by management consulting firm Bain, the IoT market is set to grow to around $520 billion (£397 billion) in 2021, more than double the $235 billion (£179 billion) that was spent in 2017. Here are some of the startups in the UK that are hoping to cash in on the boom.