Digital 7 is needed to maintain and expand connectivity, as well as how they can work together to share each other's experiences and to develop standards together. Citing a Cisco figure, the D5 expects over 50 billion internet connected devices to be in use around the world by 2020, with as many as dozens of each device in every household. To meet these needs, the UK government's focus will be on Machine to Machine technology, the Internet of Things and 5G mobile networks. In March 2014, they announced they will be investing £45 million in the Internet of Things. They have set
Smart grids by country current electricity meters with smart meters by 2020 wherever cost-benefit analysis demonstrates a positive result. This smart metering and smart grids rollout can reduce emissions in the EU by up to 9% and annual household energy consumption by similar amounts. On 30 November 2016, the Commission published a proposal stating that all consumers should be entitled to request a smart meter from their supplier. Smart meters should allow consumers to reap the benefits of the progressive digitalisation of the energy market via several different functions. Consumers should also be able to access dynamic electricity price contracts. . A 2014 Commission