Number of active IoT devices expected to reach 24.1 billion in 2030

At the end of 2019 there were 7.6 billion active IoT devices, a figure which will grow to 24.1 billion in 2030, a CAGR of 11%, according to a research published by Transforma Insights. Short range technologies, such as Wi-Fi, Bluetooth and Zigbee, will dominate connections, accounting for 72% in 2030, largely unchanged compared to the 74% it accounts for today.

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