Ericsson doubles #IoT forecast to 3.5bn connections by 2023

Cellular IoT connections will reach 3.5 billion by 2023, from around 600 million today, with compound annual growth of 30 per cent per year, according to Ericsson; 20 billion IoT devices will be in use, double the number of general consumer mobile devices.

Source: Ericsson doubles IoT forecast to 3.5bn connections by 2023