
Summary Bullets:
- Early forecasts for the IoT suggested that we would have 50 billion global devices connected by 2020, but in reality, we have only reached about 2 billion devices globally.
- What are the reasons to be optimistic about the next five years when it comes to the growth of the IoT? What are the reasons to be pessimistic?
In 2010, we started to see huge excitement about the IoT from a diverse ecosystem of suppliers, ranging from operators and MVNOs to infrastructure vendors, module manufacturers, integrators, and solution providers. Early forecasts from companies such as Cisco and Ericsson suggested that by 2020 we would see from 20-50 billion devices connected. Continue reading “Is the Internet of Things Growing as Rapidly as We Hoped?”
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