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41 billion missing IoT devices: The biggest prediction miss in the history of IT?

January 14, 2020 / Security News Desk

41 billion IoT connected devices have failed to materialise, potentially representing the biggest missed prediction in the history of IT, Eseye a leader in ubiquitous global IoT connectivity, has uncovered. In 2010, Ericsson predicted that 50 billion devices would be connected by 2020, a prediction echoed by Cisco in 2011. Yet, despite the enthusiasm for IoT, current estimates identify the true figure to be closer to 9 billion, with many of those being mobile phones. Eseye has subsequently identified six key challenges that IoT must overcome in 2020 to reach its potential.