Data from Juniper Research has found that the number of connected IoT (Internet of Things) devices, sensors and actuators will reach over 46 billion in 2021. This 200 per cent increase, from 2016, will be driven in large part by a reduction in the unit costs of hardware. Juniper forecasts that it will average close to the ‘magic’ $1 throughout the period.

Juniper’s research found

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