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Number of connected devices to surpass 24 billion by 2020: GSMA

The GSMA, which represents mobile operators worldwide, this week released research that outlines the market opportunity and revenue potential for connected devices.


October 19, 2011  


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The GSMA, which represents mobile operators worldwide, this week released research that outlines the market opportunity and revenue potential for connected devices.

Findings revealed that the number of total connected devices is expected to increase from approximately 9 billion today to more than 24 billion in 2020, and within that, mobile connected devices will grow 100% from more than 6 billion today to 12 billion in 2020.

The growth will support an addressable revenue opportunity for mobile operators of nearly US $1.2 trillion by 2020, a sevenfold increase from expected revenues in 2011, the association said.

“We are entering the next phase in the development of the mobile industry, one where we will see mobile connect everything in our lives,” said Michael O’Hara, its chief marketing officer. “In this new Connected Life, mobile will transform society and will have a profound effect on the way we interact not only with each other, but also with our surroundings.”