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According to Ericsson’s Mobility Report the forecast between 2015 and 2021, Internet of Things 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. This is an extraordinary growth, but which services/technology then will be the main drivers of this development. We identified three drivers:
- Today, stand alone intelligent things like drones, autonomous vehicles and smart appliances will shift to collaborative intelligent things, according to Gartner.
- Adaptive security architecture, according to Research and Markets this will be a $7.07 billion market by 2021
- The amount of Augmented Reality products will grow fast like augmented reminders, augmented notation and augmented journey maps. All such services that can simplify life for connected people will have a great future.
Sources: Business Insider and Information Age