Industry experts say some trends regarding IoT applications are expected to dominate in 2021. By 2025, the total number of IoT devices adopted around the world is expected to reach 21.5 billion. The Internet of Things (IoT) uses embedded chips to connect all technology-based devices to build a tiny internet-like network.
Understand IoT concepts
The global internet is a global network of connected devices based on protocols. IoT redefines these protocols and builds a closer IoT
A network of network devices makes it easy to collect and share data even without interaction between people or between people and computers. For example: when
A smartwatch is a well-functioning device when it automatically reads the heart rate and provides detailed analysis on the smartphone for medical purposes.
IoT system. Smart devices supporting IoT technology are ubiquitous and widely used in people's work and life. The IoT industry is witnessing continued growth in market demand and innovation as the cost of sensors continues to decrease and manufacturers scale up production, as well as global internet connectivity and data analytics applications. The Internet of Things has effectively reshaped the concept of home appliances through smart TVs, watches, music, lamps, clothes, curtains, and more. With the boom of the Industrial Internet of Things, the development of smart cities is also imminent, which will reshape people's perception of the world around them.
The following analysis will shape the trends shaping the IoT technology landscape in the coming year:
1.The rise of 5G
The Internet of Things requires easy and seamless connectivity between devices, and the advent of 5G technology will enable it to develop at an even faster pace. 5G technology will provide more powerful functions at speeds 100 times faster than 4G technology. All these advancements will enhance innovation and deployment of sophisticated data collection and analysis systems near IoT users. With the average internet connection speed reaching gigabytes (15~20Gbps), and the vast amount of bandwidth available for different devices, 5G technology will remove all current bandwidth limitations (at least until it reaches -- at scale).
2. Accelerate the development of the Industrial Internet of Things (IoT)
Automation needs are everywhere, and the Industrial Internet of Things meets all of them well. The Industrial Internet of Things is mainly about collecting and analyzing the data and work procedures required by various devices and systems, and automating their work. Initially, the role of this technology was limited to improving work efficiency and operational management in the manufacturing industry, mainly in the context of smart factories, to rationalize, automate and apply system maintenance in the manufacturing sector. Looking ahead, IoT in terms of its industrial vertical is a $123 billion market. The technology is designed to help industries within the scope of workflow optimization, smart manufacturing and smart industries, asset performance management, industrial control, development to an on-demand service model, etc., and is even applicable to cross-industry scenarios. It will also improve the way customers are served and create new revenue models. It has been actively promoting and helping to strengthen the digital transformation of industry.
3. Security will be a growing concern
As the vast array of smart devices scattered across homes, offices, and industry organizations continue to collect user data, they will become targets for hackers and other malicious attackers. The Internet of Things connects everything, but the problem is that many devices are not ready or mature enough to handle the capabilities and security risks posed by cyberattacks. For example, hackers could exploit vulnerabilities in smartwatch software design or Bluetooth connection credentials. This-vulnerability could give them access to connected smartphones, which would again connect to other smart devices and banking apps, etc., making them a possible target. Widespread use of IoT technologies has exacerbated these risks for industries and organizations, mainly due to the lack of established protocols for manufacturing IoT devices such as cameras, refrigerators, etc. Users lack awareness of these security threats (because this is a relatively new technology). Device update management. Violating the privacy of IoT owners and users alike. Addressing these security concerns through the use of protection protocols, improved sensors, and other security-related practices and developments will be a top priority for IoT designers and developers.
4. IoT in the medical field
The pandemic has changed a lot in today's world, especially the way people view and value the healthcare industry. As human-to-human contact becomes a source of infection and virus transmission, governments, the healthcare sector, industry, and patients are increasingly concerned about healthcare terms and related technologies. IoT enables physicians to easily monitor patients and provide them with treatment options without waiting and traveling, increasing efficiency and providing an easy way to work. In the post-pandemic world, zero contact is now a safe way to get medical help. IoT is also making healthcare affordable, accessible and accessible to all. It enables medical centers to operate more efficiently and patients receive better treatment without any additional cost. Immediate benefits include: real-time reporting and monitoring of patient conditions for prompt action in emergency situations. Automate patient care workflows. Better medical communication. Better, simpler data analysis. IoT makes healthcare relatively affordable because of lower costs for travel, infrastructure maintenance and additional taxes. Continuously track patient's physical parameters and issue alerts in time. Provide telemedicine assistance when necessary. IoT data can also be used for medical research. IoT-connected devices such as smart watches, heartbeat and oxygen level monitors, blood pressure and blood glucose level meters, etc. are helping doctors provide real-time data on patient conditions, enabling easy monitoring and doctor-patient communication. This trend will further develop in the coming year as hospitals are also using the technology to regularly track patients, staff and equipment.
5. The era of edge computing is coming
In this day and age, data is king. Therefore, organizations need to protect and utilize data well and achieve better development in the future market. Organizations are understanding this and tending to process data at IoT edge computing facilities rather than directly in the cloud. Edge computing is basically a node included in the topology of IoT to ensure that data is first stored and fully analyzed for business needs before being migrated to the cloud platform. This-nodes are usually close to the source or destination of the output data to ensure greater efficiency and utility. As the number of devices in the network explodes, this trend will be taken seriously to ensure seamless and faster-paced operability of every IoT connected device.
6. Innovation in smart home devices
Smart lamps and smart fans were once regarded as luxuries, and in the future, these luxuries will become necessities. According to industry media reports, the global smart home market is expected to reach USD 622.59 billion by 2026, with a compound annual growth rate of 29.3%. As more and more people increase convenience in their living spaces, more and more smart home device offerings are being launched. Smart TVs, smart devices like Alexa and Google Home, smart cars, smart heaters, smart air conditioners and more will dominate innovation in home technology. Smart refrigerators, for example, can alert you to low milk bags and order them from your local grocery store via Google Home or Alexa. From data collection and analysis to communications to payments - everything is handled by smart technology.
7. AI for a smarter experience
The Internet of Things is all about automation devices that improve work efficiency. Artificial intelligence is the technology that helps these automated devices analyze available data and make "smart decisions." Therefore, if people want their homes, offices and industries to become smarter, use AI technology more. The technology has enabled the creation and deployment of AI-powered robots and other devices in businesses, homes and industry organizations. This trend will continue in the coming year. Amazon.com already uses robots to sort consumables across its distribution network, the start of a new journey
8. Self-driving cars are coming
According to the latest reports, the California Department of Motor Vehicles (DMV) has granted Nuro the state's first commercial license for autonomous vehicles, allowing Nuro to operate on roads in two counties near its Bay Area headquarters. to operate the self-driving cars it develops. This is the future of the global automotive market. The technology requires the development and deployment of a regulatory framework that will enable autonomous vehicles to drive safely on the road. In fact, the UK company HORIBA MIRA has built an autonomous vehicle development center, ASSURED CAV, which aims to provide a holistic environment for autonomous vehicles from concept to road testing. This technological development trend is bound to change the development of the global automotive industry.
9. Smart cities will continue to thrive
A smart city is basically an urban space that provides government services through smart technology. They also collect and analyze data about each citizen to ensure that the government has easy access to it when needed. Examples of smart city technologies and projects have been implemented in Singapore, India, Dubai, Amsterdam, Barcelona, Madrid, Stockholm, Copenhagen, and New York. In fact, some countries are using artificial intelligence technology to monitor the brains of children and adolescents, analyze their intelligence and thinking level, so as to effectively measure the learning efficiency, and provide effective data for researchers to develop smarter algorithms to Analyze human behavior and development. Others are working on developing crime surveillance systems that analyze user behavior data and predict crimes that can provide early warning before they actually occur. This trend will be a testimony to further innovations in the future era.
10. "Smart Farms" with IoT
The agricultural sector] is using technology to monitor climate conditions in real time and analyze all other crop growth factors such as soil health, moisture, irrigation, plant growth, etc. IoT enables these aspects of monitoring and functionality through mobile devices that can be controlled anytime, anywhere, transforming these labor-intensive projects into technology-enhanced environments. UAVs can be used for artificial rainfall, which is the future development direction of agriculture
11. IoT helps save resources
As the saying goes, "saving energy is generating energy", IoT will be increasingly used in homes and corporate offices to not only improve work efficiency, but also monitor the waste of resources and develop strategies to save resources. For example, based on application The program's electronics will soon monitor human activity in the house and automatically use electricity and other resources. This monitoring and management will help develop more energy-efficient spaces in the future.
12. Integration of SaaS and IoT
More technology is now widely used in people's work and life. Technologies like artificial intelligence and machine learning are making these technologies smarter. However, they are expensive to develop and deploy, and purchasing and using these products may ultimately be infeasible for most SMBs. Software as a Service (SaaS) is a cloud-based service concept that enables the use of these technologies as a service in a cloud platform that stores IoT network data and pays based on usage. This business model enables them to afford the cost and to promote it more widely. A changing market becomes a reality as organizations seek ways to better understand their customers, and this is where organizations are heading in the future. On the Internet of Things as a technology trend has crossed the nascent stage of user adaptation and acceptance. Some organizations are also developing approaches to smarter user devices and environments. These trends will change the lives of billions of people around the world.
(Source: D1Net)
