Do I need to mention that the internet landscape is burgeoning?
Yeah, you got it right, now technology is no more sufficed to laptops, tablets, or smartphones. As there are more number of internet-connected resources and are relentlessly improving their mechanism. Whether it is the robotic vacuum, toaster, door lock, or AC in your living room, now everything can be connected to the Internet. And the credit falls into the lap of Internet of Things- IoT. Yes, IoT is a whole bunch of devices that are connected to the internet and share data with each other. But there is much more that would cover the space of IoT in the near future. And to help you stay update, we have brought this post here for you today. By 2025, it is estimated that there will be more than 21 billion IoT devices! 1. Smarter Cars are ready to rock your world With the arrival of 5G, the auto industry would get into a different mode, where the driverless cars, coupled with the connected vehicles will benefit you. Further, your car would also turn into an Internet of Things device. Your cars will be able to analyze your data and connect with other IoT devices. 2. Decentralization with Blockchain We all know that Blockchain is quite safer when it comes to sharing data between two parties. On the other hand, IoT devices run on a centralized network, and the rising number makes it vulnerable to cyber threats. However, with the integration of Blockchain, the Smart contracts would allow IoT connected devices to operate safely. 3. Smart stores The concept of smart stores is unique and different in many ways. In such stores, the number of stores are powered by radio frequency identification tags. And RFID makes inventory management an easy task to be done. This will help you analyze how much time visitors spent in the store, customer movement, and much more through IoT devices. And as a result, it will help you to improve the store inventory. 4. IoT& Big Data The combination seems very strange, but it is not. Let me give you an instance; the amount of data has grown significantly as billions of IoT devices are processing. However, to process, such large amounts of data requires big data and artificial engineering methods. Here the fusion of AI, IoT, and Big Data eventually brings the incredible result. 5. Secured and smarter routers IoT devices are located in the home, where there is a lack of security parameters, invite vulnerable attacks. Here home router is the basic platform, that brings the internet to your home. Routers at your home can provide protection at every possible step. And this helps your IoT devices to run without the hassle of security glitches. 6. 5G Networks will fuel IoT growth 5G is not merely a source for your mobile app’s performance, but there are multiple other services as well, which are associated with it. With the greater speed, 5G will connect more smart devices at the same time. This further will ensure that faster networks would let the data to be accumulated by your smart device. This data will be gathered, analyzed and managed on a higher level, helping organizations to fuel innovation for new products. 7. IoT will improve with trending technologies The constant growth of IoT has led its popularity to grow to another level. And it is expected by the end of 2020, there will be around 20.4 billion IoT devices. And this will not lead to more engaging technologies to be a part of IoT devices. 8. Tool for data collection Due to the rise of IoT, the data collection is going to be an easy task. Since IoT consists of billions of cloud-connected devices, and each of these devices turn into a data collector device as well. The accumulated form of the collected data can help in making better decisions. Also, this massive data can further be used to train the AI system. 9. Smart cities on the way Smart cities stand for such places, where everything is handled by the IoT devices, and further helps in connecting traffic lights, parking meters, and utilities. It is expected that by the year 2050, the technology stack cost of smart cities would increase to $80 billion. And certainly, such cities would improve the quality of life and sustainability. 10. Security and privacy concerns It goes without saying, that security and privacy concerns are on high, as there is a sharp increase in technological advancements. As the number of IoT devices has increased to 26 billion and will increase more, privacy becomes an issue. But with the IoT, such concern must not bother, as every single app has to pass the GDPR, which is applied in several nations globally. So don’t worry you are covered from any privacy hack. Indeed, there is much happening in and around technology, and unless your business is keeping a pace with it, it is hard to survive. To help your business to stay ahead and strong with the on-going technology, we at Techugo, are here to help you! Reach us anytime, as we are working in this hard time, around the clock to help you beat this challenging period. Give us a call, and help your business to beat the challenges of Covid-19 with an efficient app solution.
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Author : AnkitAnkit is a lead Business strategists at Techugo. His passion and skills for marketing and writing is imbibed together in his writings. In addition to writing tech-infused write-ups, Ankit is a frequent backpacker. Follow him on FB and Twitter... Archives
July 2021
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