IoT Expectations Are Falling Rapidly: PsiKick Infographic

IoT’s future is not what it used to be: batteryless sensor maker PsiKick reports that projections for installed IoT devices fell from 1 trillion by 2015 (estimated in 2012) to 50 billion by 2020 (estimated in 2017) to a mere 25 billion by 2025 (estimated in 2018). PsiKick speculates one reason is that changing the batteries on 1 trillion sensors would keep the entire population of Australia constantly busy, which is a benchmark you don’t see very often. Why they assume all IoT devices would be battery powered, I don’t know.