Led by Western Europe, IoT to surpass mobile phones in next two years: Ericsson

TORONTO - The Internet of Things (IoT) is set to overtake mobile phones as the largest category of connected device by 2018, according to a new report by Ericsson.The latest edition of the Ericsson Mobility Report says that the number of IoT connected devices is expected to grow 23% annually between 2015 and 2021, of which cellular IoT is forecast to have the highest growth rate. Of the 28 billion total devices that will be connected by 2021, close to 16 billion will be IoT devices.Western Europe will lead the way in adding IoT connections, with the number of IoT...