Let’s kick off with some quick stats, shall we?
- There are 4 Billion connected people.
- There are 50 Billion connected devices.
- Indoors mobile traffic contributes 80% of the total mobile traffic today.
- The number of connected ‘things’ is expected to reach 50.1 Billion by 2020.
- In-Building Wireless market is expected to be worth $16.71 Billion by 2020.
- IBW equipment market itself is expected to be worth $10 Billion by 2025.
- Out of this, IBW 5G equipment alone is expected to be worth over $500 Million by 2025.