IoT Connections Will Surpass Smartphones by 2018, Ericsson Says
Soon the Internet of Things (IoT) will account for more mobile connections than smartphones, according to Ericsson’s latest “Mobility Report.” The report, which was released today, predicts that by 2018 IoT connections – such as connected cars, machines, remote monitoring devices, and consumer electronics – will surpass smartphone connections. By 2021, the report estimates, there will be 28 billion connected devices, 16 billion of which will be IoT related. In North America alone, Ericsson expects there will be around 3 billion IoT connected devices by 2021.