digital fundamentals 10th edition page 41

The Future of Digital Devices: A Global Perspective

As we move forward into the future, it's essential to understand the trends shaping our world. One area where significant growth is expected is in the realm of digital devices and connections. According to the Cisco Annual Internet Report, by 2023, the consumer segment will account for a staggering 74% of total devices and connections, with the business segment making up the remaining 26%.

This shift towards consumer dominance is driven primarily by the increasing adoption of Machine-To-Machine (M2M) connections. By 2023, M2M connections are expected to grow from 33% in 2018 to a whopping 50%. This growth will see M2M connections make up half of global connected devices and connections.

The sheer scale of this growth is staggering. By 2023, there will be an estimated 29.3 billion networked devices, a significant increase from the 18.4 billion in 2018. Furthermore, the number of devices connected to IP networks will be more than three times the global population by 2023.

The impact of this growth is not limited to just devices and connections. The report also projects significant increases in Internet adoption, with nearly two-thirds of the global population having access to the internet by 2023. This will see a total of 5.3 billion people online, up from 3.9 billion in 2018.

The Cisco Annual Internet Report provides qualitative analyses and assessments across four strategic areas: applications, security, infrastructure transformation, and empowering employees and teams. It also includes quantitative projections 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, providing a comprehensive view of the digital landscape. With its focus on global forecast and analysis, it's an invaluable resource for businesses and organizations looking to stay ahead of the curve in the rapidly evolving world of digital devices.

In conclusion, the future of digital devices is marked by rapid growth and transformation. As we look towards 2023, it's clear that consumer demand will drive this change, with M2M connections playing a critical role. The Cisco Annual Internet Report provides valuable insights into this changing landscape, helping businesses navigate the challenges and opportunities presented by this new world of digital devices.

Digital fundamentals 10th edition page 41