Chuck Martin: 50 Billion Internet Of Things Connections Projected By 2022

The number of connected Internet of Things sensors and devices will exceed 50 billion by 2022, according to a new market forecast by Juniper Research.

That will be a growth rate of 140% over the next four years, an increase from an estimated 21 billion connected devices this year.
The growth will be driven by edge computing services, the processing of data away from the cloud and closer to the source, according to Juniper. The rise in edge computing will be essential for devices to reach scale and made possible by reduced bandwidth requirements and faster application response times.

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