The Internet of Things has seen rapid investment over the past decade, but which companies and geographies are leading its development? Benzinga's financial experts detail all you need to know about how to invest in the Internet of Things (IoT) stocks for In fact, investments in IoT technology are projected to grow at percent per year through 2. METHODE FOREX SIMPLE

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In , only 8. By , Morgan Stanley MS estimates that number will rise to more than 70 billion. The rise of the automobile industry put the horse and buggy industry out of business, while the computer turned the typewriter into a museum piece. While it remains to be seen which industries will be the biggest winners or losers due to the IoE, several companies are set to reap the IoE harvest. This is a company that subscribers to my Alpha Investor Letter have known about since September of last year.

And it is the single best company I know of that allows you to profit from one of the most compelling technology trends of today. Headquartered in Woburn, Massachusetts, Skyworks is a leading supplier of radio frequency RF chips to smartphone makers and other electronics manufacturers.

Skyworks focuses on high-end smartphones, which require higher RF dollar content per phone. And, as a primary supplier of complex RF chips for Apple mobile devices, Skyworks is particularly set to benefit from the immense popularity of the latest Apple smartphone iteration — the iPhone 6.

In fact, every single one of the Your smartphone already tracks your location in and out of your home. Soon, your GoogleNow app will turn on your IoE compatible coffee machine, turn off your alarm system and turn on your heat or air conditioning — all before it opens your front door. Good examples of the smallest of these are the sensors you put on your windows or doors that trigger an alarm if someone tries to break in. Other sensors connect all the lights in your home so that you can turn them on or off with a voice command.

Businesses use these small sensors as well. Microchips in cows keep a dairy farmer informed of the health of his herd. For almost ten years, other businesses have used sensors to remotely control temperatures in large buildings or to report on the flow of oil through long pipelines.

Sensors, cameras, and controllers present one type of investment opportunity. You can invest in the companies that make the controllers and smart systems. These include Amazon, Signify makers of the Philips Hue smart lights and Alphabet the parent company of Google and owner of the Nest smart thermostat brand.

The makers of these chips are helping to fuel the growth of all of the smart devices everywhere. A quick look at three of these chipmakers will show you just how diverse Internet of Things stocks can get. As their name implies, they create a low-power mesh network that allows small devices to communicate for a long time. LPWA devices frequently operate for more than a decade.

This makes them a great choice for business uses. Cypress Semiconductor In contrast to Sierra Wireless, Cypress Semiconductor is going after consumer electronics and automotive spaces as well as the industrial sector. It has targeted the Smart Home sector specifically.

In it introduced new chips designed to integrate wireless connectivity into a variety of smart home automation platforms. To get an idea of what this means, there are expected to be more than 57 million smart light bulbs in use by Synaptics Our third chipmaker, Synaptics is also at work in the smart home space. Instead of lights, they are making home audio systems smarter.

This mesh network connects speakers wirelessly.

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