The sheer 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 we expect 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!).