By 2025, mobile and other telecom technologies could have significant impact on health applications, manufacturing, mining, information technology, software, applications and transportation, according to McKinsey analysts, with the impact from mobility alone contributing between $4 billion and $11 billion in economic impact. Other related technologies, including Internet of Things and cloud computing, both essential to the next wave of telecommunications revenue and platforms, also will contribute trillions in economic value.
IoT might contribute $3 trillion to $6 trillion in 2025. Cloud computing might generate economic benefit ranging from $2 trillion to $6 trillion, McKinsey estimates.
