Cisco has predicted that there will be 15 billion connected devices on the planet by 2015.
According to the the Cisco Visual Networking Index Forecast, apart from a massive boom in the number of connected devices, global internet traffic will quadruple between 2010 and 2015.
The company predicted that in 2015, global internet traffic will be at 966 exabytes. One exabyte is equal to over one million terabytes. Cisco said that between 2014 and 2015, internet traffic will increase by 200 exabytes.
Cisco estimates that there will be 15 billion connected devices on earth in 2015, breaking down to more than 2 devices per person worldwide. In the US, the average person will own around 7 connected devices in 2015.
Suraj Shetty, Cisco's vice president of global service provider marketing, said that the boom in online traffic will be primarily due to online video and tablet PC devices. Cisco predicted that 1 million video minutes will cross the internet every second in 2015.
“The explosive growth in Internet data traffic, especially video, creates an opportunity in the years ahead for optimizing and monetizing visual, virtual and mobile Internet experiences,” said Suraj Shetty, vice president of worldwide service provider marketing, Cisco, AFP reports.