Huawei predicts two million IoT sensors being added each hour
Huawei's 2015 Global Connectivity Index (GCI) which benchmarks 50 economies in terms of connectivity, ICT usage, and digital transformation, providing an indicator of which countries are best poised for development and growth, and an ICT planning reference for firms looking to embrace the digital economy.
The 2015 edition of the GCI sees a more comprehensive and advanced framework and methodology. With double the number of ICT variables and countries analyzed last year, this year’s GCI enables the drawing of correlations needed to establish investment targets for governments and other stakeholders. What distinguishes the GCI from similar indices is a broader definition of connectivity that encompasses networks, computing, and storage, while also emphasizing the non-infrastructure elements of a functional digital economy, such as service demand, and e-commerce activity, etc.
It also attempt to predict trends, and it is clear that the IoT revolution is going to have a big impact:
“The free fall cost of building and running the future ICT platform will create the environment for innovation like we have never seen before, thus impacting the economic growth opportunities for those countries that take advantage of it."
Some of the trends it expects to see continue include:
• The cost of IoT sensors continue to drop in half every 10 years.
• The cost of computer processing improves by seventy-fold in the same period.
In other words, the most important necessity for IoT — connectivity — will become so ubiquitous and widespread that by 2025, sensors will be deployed and connected to a network at a rate of almost 2 million per hour or just over 47 million per day. By 2025, we could see the number of IoT devices installed, connected, and autonomously managed will reach 100 billion, up from 35 billion just five years prior in 2020 (or a staggering 300% growth!).