digital fundamentals 10th edition page 41

Over 70 percent of the global population will have mobile connectivity by 2023. Connected home applications will have nearly half or 48 percent of M2M share by 2023 and Connected car applications will grow the fastest at 30 percent CAGR over the forecast period (2018–2023). Within the M2M connections category (which is also referred to as IoT), connected home applications will have the largest share and connected car will be the fastest growing application type. Globally, consumer segment’s share of total devices and connections will be 74 percent, with the business segment claiming the remaining 26 percent. The consumer segment will have nearly three-fourths share of total devices and connections by 2023. There will be 14.7 billion M2M connections by 2023. The share of Machine-To-Machine (M2M) connections will grow from 33 percent in 2018 to 50 percent by 2023. M2M connections will be half of the global connected devices and connections by 2023.

There will be 29.3 billion networked devices by 2023, up from 18.4 billion in 2018.

There will be 3.6 networked devices per capita by 2023, up from 2.4 networked devices per capita in 2018. The number of devices connected to IP networks will be more than three times the global population by 2023. There will be 5.3 billion total Internet users (66 percent of global population) by 2023, up from 3.9 billion (51 percent of global population) in 2018. Nearly two-thirds of the global population will have Internet access by 2023. Global Internet adoption and devices and connection

Qualitative analyses and assessments are also provided in four strategic areas: applications, security, infrastructure transformation, and empowering employees and teams. Quantitative projections are provided on the growth of Internet users, devices and connections as well as network performance and new application requirements. The report covers fixed broadband, Wi-Fi, and mobile (3G, 4G, 5G) networking. The Cisco Annual Internet Report is a global forecast/analysis that assesses digital transformation across various business segments (enterprise, small-to-medium business, public sector, and service provider).

Digital fundamentals 10th edition page 41