IoT devices are becoming increasingly ubiquitous – but most consumers don’t know what IoT means

70% of consumers polled by Metova already own at least one IoT device – yet less than one in five said they were well aware of what the term Internet of Things means. Metova, a US-based provider of mobile, connected car, connected home and IoT solutions, has revealed the results of a survey that polled over 1000 consumers regarding their opinion on IoT and connected home technologies. 84% of those polled wishes to track their utility usage in real-time with connected devices – moreover, if given an option, these people would opt for a utility provider over a competitor based on that ability.