Click For Photo: https://cnet2.cbsistatic.com/img/gQbhaZRY11GCK2PXxCD641f642c=/670x503/2018/02/27/6d893fbc-40c3-4466-b2c9-a7750216b731/sprint-5g.png
A fifth of all mobile data traffic will be carried by 5G networks in 2023, according to Ericsson.
The number of connected smart devices is set to quintuple over the next five years as new high-speed 5G networks become available to handle their traffic, telecom equipment maker Ericsson said in a report Tuesday.
Forecast - Company - Mobility - Report - Market
The forecast, made in the Swedish company's 2018 mobility report, sees the market for Internet of Things devices growing to 3.5 billion units by 2023, five times the 700 million devices currently in use. It also marks a doubling of the company's forecast from November.
Patrik Cerwall, who runs industry marketing at Ericsson, said the growth in next-generation, 5G wireless networks, will fuel the growth. Nearly 1 billion devices will feature a 5G connection, he said.
Industry - Development - Number - Years - Cerwall
"We have been reporting on mobile industry development for a number of years," Cerwall...
(Excerpt) Read more at: CNET
Wake Up To Breaking News!