Ericsson study suggest IoT will overtake the mobile phone within two years but data demand from smartphone users will necessitate 5G
Internet of Things IoT devices will overtake the mobile phone as the largest category of connected device by 2021, but smartphones will still account for 90 percent of all traffic, according to the latest edition of the Ericsson Mobility Report.
Over the next five years, the number of IoT devices is expected to grow by 23 percent and the moment they become more populous than the mobile phone is estimated to take place in 2018.
European IoT adoption is set to be boosted by regulatory changes, such as proposals to install smart metres, and connected car legislation enacted by national governments and the EU.
The study largely confirms other forecasts of rapidly rising demand for data, fuelled by new applications such as video streaming and greater adoption of smartphone subscriptions, which are set to surpass those of basic feature phones later this year.
IoT is now accelerating as device costs fall and innovative applications emerge, said Rima Qureshi, chief strategy officer.
From 2020, commercial deployment of 5G networks will provide additional capabilities that are critical for IoT, such as network slicing and the capacity to connect exponentially more devices than is possible today.