IoT to surpass phones as largest category of connected devices in 2018

Source: Ericsson

Internet of Things (IoT) is expected to surpass mobile phones as the largest category of connected devices in 2018.

Between 2015 and 2021, IoT is expected to increase at a compounded annual growth rate (CAGR) of 23 percent, making up close to 16 billion of the total forecast 28 billion connected devices by 2021.

HT: LTP