You are probably right, the trend is in that direction, but before that happens, we'll need massive infrastructure upgrading; at the moment there's barely enough bandwidth available to satisfy our current needs, and with the explosion of new devices coming online, in addition to bandwidth-hogging streaming services, and not even mentioning the advent of television content streaming via the internet, major network expansions are a vital link towards accomplishing that new reality.
I'm not a big fan of this trend, as it takes all the power away from the local device, which becomes little more than a node connected to distant super networks, which will be the core of communication. It has certain advantages of course such as no more need for backing-up of local data, worldwide access to all of ones files with little more than a small 'node', anytime anywhere, and no more need for exceedingly huge storage drives at the local level. Data will be secure through redundant back-ups at the network level.
But herein also lies it's greatest weakness: when the network(s) go down, individuals will be reduced to holding useless little devices, and being at the mercy of those networks, unable to even access the most basic required information, or worse, their identities or money.
Yeah, it's a brave new world, waiting for us, just beyond the horizon; I don't know if we are ready for it, but it is definitely coming.