According to a new research report from specialist IoT analyst firm Berg Insight, the global satellite IoT communications market is growing at a good steady pace.
Global sales of handsets featuring Near Field Communication (NFC) grew 300% in last year, to reach 140 million units.
The number of mobile application downloads worldwide will grow at a compound annual growth rate of 56.6 percent between last year and 2015 to reach 98 billion. However, with most apps free to download, forecasters say the challenger for the industry and developers is to come up with a way to monetise all these applications.
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