Three-fold increase in internet-connected devices in 10 years

Argentina

April 29, 2024

Three-fold increase in internet-connected devices in 10 years

The Internet of Things devices ecosystem accelerated its growth over the last 10 years. By 2027, there will be around 30 million units building up information and uploading it to the network. The impact on health and industry 4.0 from Cirion’s perspective.

Buenos Aires, April 29, 2024. The Internet of Things (IoT) revolution is reaching new pikes, with impressive numbers and technological breakthroughs paving the way for a connected and smart future. According to recent data from Statista, the global number of connected devices has experienced extraordinary growth, rising from 4.2 billion in 2016 to an envisioned 22.2 billion in 2025, i.e., a 382% increase.

This surge in the number of connected devices is driven by the development and massive adoption of IoT technology, which has transformed our way of interacting with the digital and physical environment around us. Then again new technologies like Wi-Fi 7 will accelerate growth in the number of connected devices, projected to hit 29.7 billion by 2027.

Wi-Fi 7 technology, which promises to be more massive during 2024, significantly improves speed and spectral efficiency, providing theoretical data transfer rates above 30 Gbps, while bringing latency to minimum levels, thus improving user experience in time-sensitive applications such as online games and virtual reality.

The Statista report highlights that the IoT exponential growth is affecting various industries, from consumer to healthcare and manufacturing. The use of wearables is on the rise, with significant applications in both healthcare and Industry 4.0.

In the healthcare sector, wearables are playing a critical role by providing real-time data that enables continuous health monitoring. According to recent estimates, the health wearables market will be worth more than US$70 billion by 2025, with devices ranging from heart rate monitors to fitness trackers.

On the other hand and as far as industry 4.0 is concerned, wearables have become essential tools to improve efficiency and workplace safety. Adoption of wearables in industrial settings is on the rise, and the industrial wearables market is expected to reach US$12 billion by 2025, according to MarketsandMarkets.

“The Internet of Things is no longer a futuristic vision and has become a palpable reality that transforms the way we live and work. Wi-Fi 7 emerges as the technological stack driving this change, providing unprecedented wireless speeds and improving connectivity across the board. As the number of connected devices continues to increase, the potential of the IoT to change our lives will only grow, leading us towards a smarter and more interconnected future” says Alejandro Girardotti, Senior Director of Products, Innovation and Strategic Alliances for Cirion Technologies.

About Cirion

Cirion is a leading digital infrastructure and technology provider, offering a comprehensive suite of fiber network, connectivity, colocation, cloud infrastructure, and communication and collaboration solutions with the purpose of furthering Latin America´s progress through technology. Cirion serves more than 5500 Latin American and multinational clients, including enterprises, government agencies, cloud service providers, operators, ISPs, and other leading companies. Cirion owns and operates a facilities-based network and data center portfolio, with extensive coverage spanning across the Latin America region. Learn more about Cirion at www.ciriontechnologies.com

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Paula Vivo
Cirion Technologies
P: +55 11 3957-2424

Carolina Boitier
MagmaComms
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carolina.boitier@magmacomms.com