Nigeria: IoT - Over 15 Billion Devices to Be Connected By 2015

29 September 2014

According to speakers at International Telecommunications Union (ITU) Telecom World 2013, the market value for Internet of Things (IoT) is estimated at over USD 14 trillion, representing between 15 and 25 billion devices by 2015.

It is for this reason that ITU is calling on young people aged between 18 and 30 from around the world to submit ideas for concepts of start-ups aimed at using the Internet of Things (IoT) for social good globally.

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