50 Billion IoT devices will be connected by 2020

Leonidas Papadopoulos

TTN Thessaloniki Community Organizer

Posted on 19-05-2017

For half a decade, the predictions for growth in the “internet of things” and machine-to-machine markets have been staggering:
• 2011, Ericsson’s CEO Hans Vestberg: “50 billion connected devices” by 2020.
• 2013, Cisco: “50 billion things will be connected to the internet by 2020.”
• 2013, ABI Research report: “30 billion” by 2020.
• 2013, Morgan Stanley report: “75 billion devices connected to the IoT” by 2020.
• 2014, an Intel infographic: “31 billion devices connected to internet” by 2020.
• 2014, ABI Research updated report: “41 billion active wireless connected devices” by 2020.
• 2015, Gartner Research: “4.9 billion connected things in use in 2015 … and will reach 20.8 billion by 2020.”

Thessaloniki, Greece, 19th of May 2017, The Things Network Tests (phase 2) :
> You are the network. Let's build this thing together.!