How Big a Market Will Internet of Things Be, for Mobile Service Providers?
Some 1.9 billion devices already are connected to the Internet, and nine billion will be connected by 2018, making the “Internet of Things” a bigger market, in terms of devices, than smartphones, smart TVs, tablets, wearable computers, and PCs combined.
Whether the revenue implications will be so large, despite the billions of connections, remains the issue. Some think $1.2 trillion will be earned, collectively, by about 2022, by all participants in the Internet of Things ecosystem.
Such forecasts are not granular enough to be of practical help to most participants, but it might be reasonable to assume that perhaps 10 percent of that total revenue might represent access fees.
Even by that measure, mobile service providers might earn $100 billion in 2022, a large enough number to warrant serious effort.