Billions of devices will exchange with each other by 2030

According to a new report by telecommunications consultants STL Partners, by the end of the decade, approximately 3.3 billion Internet-connected devices (IoT devices) will trade money and data directly.

That’s more than 88 million devices next year, an increase of 3,750% in about six years, or “blind growth,” as the authors of the report put it.

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