MENU

IoT devices to surpass mobile phones by end of this year

IoT devices to surpass mobile phones by end of this year

Market news |
By eeNews Europe



These devices include cars, wearable tech and other forms of consumer electronics. Ericcson further believes that the number of IoT devices will amount to 18 billion by 2022. This massive growth will translate to a market cap near $200 billion in 2023 according to analysts at ReportsnReports. The growth of this market is supported by underlying advancements in various technological platforms, including image sensors and data management systems. Additionally, the need for advanced data analytics in the business landscape is influencing significant investment into developing the market.

www.marketnewsupdates.com

 

See also: IoT-Ready Alliance™ introduces first IoT interface specification

See also: Sprint launches IoT Factory to help companies ‘do business smarter’

See also: Sigfox sensing system aims to accelerate IoT adoption

See also: Rohde & Schwarz collaborates with PoLTE on cellular-connected IoT

See also: Kudelski Group and u-blox collaborate on secure IoT connectivity

If you enjoyed this article, you will like the following ones: don't miss them by subscribing to :    eeNews on Google News

Share:

Linked Articles
10s