The widely cited 50 billion IoT devices in 2020 number is clearly not correct! Real number of IoT devices in 2020 now expected to be different.
The widely cited 50 billion IoT devices in 2020 number is clearly not correct! Real number of IoT devices in 2020 now expected to be different.
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Tomi Engdahl says:
The Week in Review: IoT
http://semiengineering.com/the-week-in-review-iot-14/
Market Research
Remember “50 billion connected devices by 2020”? That famous prediction, made by Ericsson and Cisco Systems executives, has lived on in thousands of PowerPoint presentations, maybe millions and billions. Gartner estimates there are 6.4 billion connected devices at present, not including PCs, smartphones, and tablet computers, while IDC puts the tally at 9 billion and IHS says 17.6 billion, including PCs, smartphones, and tablets. By 2020, Gartner forecasts there will be 20.8 billion IoT devices, IDC sees 28.1 billion, and IHS Markit predicts 30.7 billion.
Tomi Engdahl says:
Market Research
Business Insider names Honeywell, Hitachi, Comcast, and T-Mobile as leading companies that will benefit from spending on Internet of Things technology. BI Intelligence forecasts there will be 34 billion devices connected to the Internet by 2020, compared with 10 billion last year. Of that 34 billion, IoT devices will represent 24 billion, with the remaining 10 billion being traditional computing devices, such as smartphones, smartwatches, and tablet computers.
Source: http://semiengineering.com/the-week-in-review-iot-15/