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Better IoT Buy: BlackBerry (TSX:BB) vs. Sierra Wireless (TSX:SW)
The Internet of Things (IoT) growth story is just about to begin. According to a Reuters report, the IoT market is expected to expand from $190 billion in 2018 to $1.11 trillion in 2026, indicating a compound annual growth rate of 24.7% in the forecast period.
So, which stocks are likely to benefit from this growth? Here we look at two Canada-based tech players that are starting to gain significant traction in the IoT segment. These companies are BlackBerry (TSX:BB)(NYSE:BB) and Sierra Wireless (TSX:SW)(NASDAQ:SWIR).
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