Find Top SoC Solutions
for AI, Automotive, IoT, Security, Audio & Video...

IoT devices to surpass mobile phones by year end

May. 30, 2018  – 

Ericcson forecasts that the global Internet of Things (IoT) market, with its rapid rate of growth, will see the number of IoT devices surpassing the number of mobile phones by the end of 2018.

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.

Click here to read more ...


Partner with us

Visit our new Partnership Portal for more information.

Submit your material

Submit hot news, product or article.

List your Products

Suppliers, list and add your products for free.

More about D&R Privacy Policy

© 2018 Design And Reuse

All Rights Reserved.

No portion of this site may be copied, retransmitted,
reposted, duplicated or otherwise used without the
express written permission of Design And Reuse.