Qualcomm’s chief executive has said that the development of 5G will have a similar impact to that of electricity and automobiles.
The international Internet of Things market is expected to grow at a compound annual growth rate of 15.6 per cent to reach $1.29 trillion (£1 trillion) by 2020.
Qualcomm has announced the launch of the Snapdragon 835 processor, which will offer more power and provide longer battery life to devices.
Research has revealed that 71 per cent of businesses are gathering data for IoT initiatives but that security is still a concern.
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