By 2021, There Will be 16 Billion IoT Devices – Almost Twice the Number of Mobile Devices

Mobile phones are believed to be the gateways to a successful business as they are estimated to be the largest category of connected devices. In fact, the mobility report published in June 2016 by Ericsson suggests that subscriptions associated with smartphones continue to increase and during Q3 2016, the number of smartphone subscriptions will surpass those for basic phones. In Q1 2016, smartphones accounted for close to 80% of all mobile phones sold.

By 2021, 1.5 billion IoT devices will have a cellular subscription

But by 2018, they are expected to be surpassed by IoT, which according to the report, includes connected cars, machines, utility meters, remote metering and consumer electronics. Between 2015 and 2021, IoT de ...