The Trillion Dollar Tech Sector To Watch In 2018 - InvestingChannel

The Trillion Dollar Tech Sector To Watch In 2018

Big data is transforming the world in ways that humans never believed was possible, with the latest breakthroughs aimed at saving billions of dollars and thousands lives. It’s the difference between knowing or not knowing when a portion of 2.6 million miles of pipeline might burst, one or more of 15,500 high-risk dams might fail, a refinery might explode, or which portion of 7.2 million miles of electric power lines might black out.

Protecting the critical infrastructure of the United States is set to be a $153 billion market by 2022, and the remote sensor industry that will make this protection possible is expected to more than double from $10.68 billion this year to $21.62 billion in just three years’ time.

The pipeline protection industry alone is set to see its value double from US$4.13 billion in 2015 …View the full post at: The Trillion Dollar Tech Sector To Watch In 2018

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