Ericsson: IoT will reach 8 billion global accesses in 2031
Summary
Ericsson says global IoT connections reached 4.5 billion by the end of 2025 and could reach 8 billion mobile network accesses by 2031. The company links that growth to broadband, mission-critical IoT, and newer 5G variants such as RedCap and eRedCap. Ericsson also reports that global mobile data traffic hit 210 exabytes in Q1 2026, with Latin America accounting for 8 exabytes. The outlook points to continued traffic growth, with 5G rising from 48% to 85% of total traffic over the forecast period.
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