Relating to the Internet of Things (IoT), the countries with the highest machine-to-machine penetration rates are highly industrialized, advanced economies, including the northern European countries of Sweden, Norway, Finland and Denmark.
Countries were rated based on the number of machine-to-machine subscriptions per 100 mobile cellular subscriptions. Sweden ranked first and the United States ranked seventh. Here, in order, are the countries leading in the Internet of Things, based on that rating:
On the positive IoT front, more than two-thirds of the world’s population lives within an area covered by a mobile broadband network.
The more people who have mobile broadband the more ability there will to connected smart devices to them. And the more people who become connected, the more need and opportunity there will be for marketing and interacting with those consumers. And by the end of this year, the number of mobile broadband subscriptions is projected to reach 4 billion, the report said.