CONNECTED DEVICES
The Internet of Things ( IoT ) is poised to transform the very fabric of the modern world . From smarter homes and cities to the way we live , work , play and build things , IoT is increasingly saturating every aspect of the economy and daily life .
By the end of 2019 , the number of active IoT devices in the world hit 26.66bn . By the end of this year , that figure is expected to exceed 35bn . It ’ s a staggering jump , but nothing compared to the estimated 75bn pieces of IoT hardware that are expected to be in service by 2025 . At the current rate of global population growth , that ’ s just over nine IoT devices per person on the planet .
Today , IoT devices , from smart meters and sensors to intelligent refrigerators , are already becoming a fact of daily life for millions around the world . However , some experts believe that , in order for IoT to achieve its full potential , the technology must pass a tipping point , from widespread usage into true ubiquity . Henk Koopmans , Chief Executive Officer of Huawei ’ s Research & Development division in the UK , explains that , in order for the societywide connectivity benefits of IoT to be realised , there needs to be a “ ubiquitous integration of IoT into our lives .”
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