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The Biggest Business in The World Making Money On The Internet Are You Thinking Big?
The Biggest Business in The World Making Money On The Internet Are You Thinking Big?
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It's time to think big. Really big.
Imagine, if you will, 50 billion objects connected
to information networks of one sort or another.
They can be anything: a car, a thermostat, an
electrical transformer or your t-shirt, and yes,
that's a "b." If it's hard to envision so many
things at one time, try this: global mobile phone
subscriptions topped 5 billion around the middle
of last year. Grow that number by 26% per year
for ten years straight, and you get to the 50
billion connected objects that Hans Vestberg,
Ericsson's CEO, predicts we'll see by 2020.
On a per-capita basis, compared to a predicted
world population of 7.6 billion by 2020, 50 billion
connected devices is a relatively modest 6.7 per
person. However, factoring in the 1.9 billion
people without electricity today and others who
are on the wrong side of the "digital divide," the
number jumps to 20-30 connected devices per person in developed
countries by 2020.
Imagine, if you will, 50 billion objects connected
to information networks of one sort or another.
They can be anything: a car, a thermostat, an
electrical transformer or your t-shirt, and yes,
that's a "b." If it's hard to envision so many
things at one time, try this: global mobile phone
subscriptions topped 5 billion around the middle
of last year. Grow that number by 26% per year
for ten years straight, and you get to the 50
billion connected objects that Hans Vestberg,
Ericsson's CEO, predicts we'll see by 2020.
On a per-capita basis, compared to a predicted
world population of 7.6 billion by 2020, 50 billion
connected devices is a relatively modest 6.7 per
person. However, factoring in the 1.9 billion
people without electricity today and others who
are on the wrong side of the "digital divide," the
number jumps to 20-30 connected devices per person in developed
countries by 2020.
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