Developments in the Internet and the Internet of Things (IoT) will propel strong growth in industries related to smart healthcare in 2016. According to global market research firm TrendForce, worldwide spending on smart healthcare services (e.g. telemonitoring, diagnostic equipment, assisted living and bio-data tracking) will reach US$30 billion in 2018, growing at a CAGR of 60% from 2016 to 2018.