This information is presented to allow clients to determine if the publication’s content is relevant, Halberd Bastion advocates reading the 32-page report in its entirety.
Ericsson’s Report Can Be Downloaded Here
Ericsson (www.ericsson.com) proudly boasts more than 2.5 billion subscribers connected over the networks they support and that 40% of the world’s mobile traffic is carried over Ericsson networks. This puts Ericsson in a commanding position to commentate on wireless technologies, which is achieved through the publication of the Ericsson Mobility Reports. This content of this issue has a substantial section on the expected impact of Internet of Things (IoT).
The Internet of Things is expected to surpass mobile phones as the largest category of connected devices in 2018. From 2015 to 2021, IoT is expected to have a compounded annual growth rate (CAGR) of 23% which brings the total number of IoT devices up to 16 billion of the forecasted 28 billion connected devices worldwide.
At the end of 2015 there was close to 400 million IoT devices connected via cellular subscriptions and it is cellular IoT that is expected to experience the highest growth of the different categories of connected devices reaching 1.5 billion in 2021. Within the IoT market there are two major segments emerging: 1) Massive IoT connections and 2) Critical IoT connections.
- Massive IoT connections.
- Characterised by high connection volumes, low cost, requirements on low energy consumption and small data traffic volumes.
- Examples include: smart buildings, transport logistics, fleet management, smart meters and agriculture.
- Additional functionality will allow existing cellular networks to support different device categories and enable prioritisation of devices accessing the network.
- Network system improvements, such a sleep mode, could support battery lifetimes to over 10 years for remote cellular devices.
- Critical IoT connections.
- Characterised by the requirement for extreme reliability/availability and very low latency.
- Examples include: traffic safety, autonomous cars, industrial applications, remote manufacturing and healthcare (including remote surgery).
- Cost reductions will make LTE-connected devices increasingly viable thereby enabling new, very low latency applications. Increased functionality in existing LTE networks and the additional capabilities of 5G will expand the scope of applications for critical IoT deployments.