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May 10, 2013

ABI Research Reveals There are 10 Billion Wirelessly Connected Devices at Work

By Nicole Spector, Contributing Writer

ABI Research (News - Alert), which provides in-depth analysis and quantitative forecasting of trends in global connectivity and other emerging technologies, has released a study on the Internet of Everything (IoE) that reveals there are more than 10 billion wirelessly connected devices in the market today. The firm projects that by 2020, the number of devices will have tripled to 30 billion.



Peter Cooney, practice director, explains that the growing trend of “standardized ultra-low power wireless technologies is one of the main enablers of the IoE, with semiconductor vendors and standards bodies at the forefront of the market push, helping to bring the IoE into reality.

Cooney adds that this year is perceived as a definitive one, calling it “the year of the Internet of Everything,” though Cooney reminds that the full potential of the category has yet to be realized.

“The next five years will be pivotal in its growth and establishment as a tangible concept to the consumer,” says Cooney.

Wireless technologies including Wi-Fi, Bluetooth, ZigBee, Cellular, RFID and others are all serving to grow the category of the Internet of Everything.

How the market thrives in the long term will depend on wireless technology becoming invisible. Only then will the consumer be oblivious to which technology is used. The only impression the customer will have is that of the wireless working. 

Cooney says that hub devices including smartphones, tablets, and laptops are crucial in seeing the IoE ecosystem grow. The will surely continue to be decisive factors in the future of IoE.

“Future growth, however, is driven by node or sensor type devices and by 2020 these will account for 60% of the total installed base of devices," Cooney says.

More in depth information and market data can be found at ABI Research’s Internet of Everything Research Service(http://www.abiresearch.com/research/service/internet-of-everything/).




Edited by Rory J. Thompson
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