The Internet of Things (IoT) is rapidly expanding, with more and more devices connecting to the web each day. But just how many IoT devices are there presently? Answering this question is not easy, as there is no single source of data that can accurately measure the amount of devices hooked up to the internet. However, there are estimates that can give a general idea of the current figure.
According to a report from 2019, there were an estimated 8.4 billion connected devices around the world. This figure is anticipated to rise to over 20 billion by the year 2020, presenting an impressive growth rate in such a short span of time. Another estimate from the same year claims that there are more than 30 billion connected devices worldwide, with more than half of these being IoT devices. This figure is based on the number of unique IP addresses used for internet-connected devices.
The number of connected devices and the rate of growth of the IoT is impacted by a number of factors. Cost of connected devices being one of them, as they become cheaper, more people are likely to purchase them. Additionally, the availability of reliable, high-speed internet connections and user-friendly IoT applications are also influential factors.
The development of the IoT has numerous implications for the way we interact with technology and our environment. Connected devices provide the ability to monitor and control various aspects of our lives, from our homes to our health. Furthermore, they can be used to increase productivity and reduce costs in a variety of industries, as well as boost safety and security.
Determining the exact number of IoT devices is difficult, but estimates suggest that there are approximately 8 to 30 billion connected devices worldwide. This figure is expected to increase rapidly as the cost of connected devices drops and more applications are developed to make the process of connecting them easier. The ramifications of the IoT are far-reaching, as connected devices can be used to monitor and control various aspects of our lives, enhance efficiency, and increase safety and security.