28 Billion Web-Connected Devices by 2020

According to IMS Research, the number of devices that can connect to the Internet is forecast to increase to 9.6 billion by the end of 2012. The company believes that the third wave of connected device growth is accelerating and will drive further growth in the connected device market, leading to its forecast of 28 billion Internet connected devices by the end of 2020.

Approximately 75% of the 9.6 billion devices are from market segments considered "existing connected devices" today - fixed and mobile communications, computers, and consumer electronics. These segments are only projected to account for half of the total installed base by 2020, as Internet connectivity becomes more common in the medical, industrial, and automotive sectors. These sectors are expected to represent significant growth opportunities.
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