The Future of Internet of Things (IOT)

Let us understand what (IoT) Internet of Things future trends is.

In simple terms, IoT (Internet of Things) is a network of electronic equipment, sensors, cameras, and such, interconnected through the Internet and programmed to automate the connected devices.  

John Romkey invented the first IoT device in 1990. It was a toaster that could turn on & off over the Internet. Further, the entire process was automated using a crane system to pick and insert the bread in 1991. That is how the evolution of IoT was formatted and introduced in the market by connecting it with multiple other products as we see it today.  

According to the New IDC (International Data Corporation) forecast, there will be approximately 41.1 billion IoT devices in 2025, producing around 79.4 Zettabytes (ZB) of data. 

Table of Contents 

1) Why do We need IoT (Internet of Things)? 

2) IoT Future Applications 

3) A Few Crucial Aspects of IoT’s Future 

4) Top Emerging, (IoT) Internet of Things Future Trends 

5) Internet of Things Future Trends 

6) Discussing the Scope & Future of IoT 

7) Conclusion

Why do We need IoT (Internet of Things)? 

Everyone would indeed have undergone a situation where you would have left your dwelling far away from your house. And you remembered that you have not switched off your AC, Fan, or Geyser. In this kind of helpless situation, IoT comes in handy.   

Just by using Mobile App (embedded with the Internet), you can connect all your electronic devices integrated with IoT from anywhere around the globe. Also, you can perform other activities like opening/closing your house door, turning your water pump on/off simultaneously keeping track of them.   

This technology undermines all your operations by reducing needless human effort, conferring peace of mind, and saving ample time. 

Most of us can postulate how IoT (Internet of Things) is influencing our daily lives 

IoT has become one of the most relied-on technologies in everyday life. The IoT has created a steadfast impact on our lives, making our lifestyle simpler by aiding us to control all the extensively used objects remotely. Such as Cars, Thermostats, Geysers, Water pumps, Door locks, Kitchen appliances and more.  

IoT is most abundantly used in transportation, security systems, manufacturing, and smart appliances leading organisations towards digital transformations. 
 

Discussing the Applications of IoT (Internet of Things) 

The seamless potential of future of Internet of Things (IoT) can help you to advance your industrial operations. With the advancement in AI (Artificial Intelligence), there is a high possibility of automating diverse business processes by enabling billions of devices simultaneously.  

IoT devices can be customised, specific to every industrial requirement. It includes 

A) Farming/Agriculture Industry   

B) Automotive Industry 

C) Healthcare Industry 

D) Smart Homes 

E) Wearables  

F) Industrial Automation 

The other applications in future of Internet of Things (IoT) also include Security systems, Traffic management & monitoring, Fleet Management, Video surveillance, Smart lighting & doors, Environmental vigilance, Public Welfare organisations, and more. 

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What is the Future of Internet of Things (IoT), and What can we Expect? 

The future of Internet of Things (IoT) can be considered ingenious as it is one of the fastest growing industries expanding exponentially. It has continuously influenced our livelihood and contributed to transforming our lives into living a grandeur lifestyle. 

Let Us Discuss a Few Crucial Aspects of IoT’s Future 

1) Enhancing IoT Security  

Improving security is the overall concern of every industry.   

With the growing number of devices, it is challenging for all businesses to improve technology to evade security breaches. The companies must refine the public privacy system and security apprehensions to build on the customers' trust. 

2) Incorporating IoT and AI (Artificial Intelligence) 

The data collected from IoT is actionable only when incorporated into AI efficiently, enabling it to perform the required activity.  

The uses of consolidating AI & IoT can be measured on three levels:  

Basic Level: Using real-time data, one can anticipate and predict events to mitigate risk factors. Like, Machine breakdown.  

Mid-Level: Ability to instruct and recommend. For instance, a course correction for the car to follow a lane direction.  

Advanced Level: Providing independent and adaptive responses based on varying demands. For instance, the sensors are used to monitor the blood glucose and adjust the insulin level supply of the patient accordingly.   

AI integrated with the future of Internet of Things (IoT) can improve the overall maintenance costs for the company by detecting frauds, equipment maintenance needed, predicting risks, and more. 

3) Decentralising IoT Networks 

As the number of IoT connections increases, the strain on cloud organisations and maintenance costs will also drastically increase.  

As most of the data is assimilated into cloud service providers like AWS and Azure, it’s creating a constriction among connected systems, which needs to be addressed. This gridlock also opens a window for attackers, surfacing the potential risk of data breaches.   

At this point, businesses should consider the options available for processing data at their edge or bringing it up to the cloud. 

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Here are a few top Emerging Trends in IoT 

With innovative technologies emerging and better access to real-time information, the future of IoT seems to look bright. We can expect a massive shift in how data is processed and regulated for better security ratification.  

1) IoT (Internet of Things) powered with 5G Technology

With significant speed and connectivity improvement, 5G is the latest development in networking technology to transmit data worldwide using high-frequency levels. 

5G will help the future of IoT to revolutionise and lay out new possibilities in real-time data processing, rapid transmissions, network slicing in multi-domain infrastructure, and lower latency in the system. 

2) Adopting IoT with Blockchain Technology 

Blockchain has proved to be one of the most trusted technologies to ensure data protection making it nearly impossible for hackers to hack data from business houses. It will direct the users to record and share the data a secure way safely. 

3) Developing IoT-enabled AI Applications  

The simulation of AI and IoT future applications can be better understood when we talk about Robots in healthcare, the manufacturing and hospitality industry, self-driving cars, and other Smart home solutions.  

These IoT-enabled AI applications' automated processes are widely used commercially to enhance productivity and quality. It helps in increasing efficiency, reducing rundown time, and operating costs. 

4) Virtual or Remote Learning 

Everyone has witnessed the horror and impact of Covid-19, where all the schools and colleges were forced to shut down globally. Many companies had to opt for work from the home model, which has given rise to a new era of hybrid work systems. 

While many countries have returned to their traditional methods, the emphasis on remote learning has not dropped much. To address the everyday challenges faced in this remote learning system, devices like mics, virtual whiteboards, and webcams have undergone a prime upgrade to provide quality services, enhancing visual display and reducing background noise and other distractions. 

5) Adapting to a Digital Healthcare System with the Future of IoT 

The pandemic has resulted in people being much more concerned about their health and the health of their loved ones. This demand has set a new standard for all healthcare services. The healthcare system has observed a surge in the adoption of advanced devices like sensors, wearables, and others monitoring devices to keep track of your health record. 

By connecting along the future of IoT, you can access files and data records worldwide, which can be handy at times to provide accurate diagnosis and treatment. The other areas include fitness assistance, health crisis management, and other such emergencies for making tests and medicines more accessible. 

6) Demand for Smart Home Devices 

Recently, we have seen a considerable rise in adopting a wide range of technologies interconnected with IoT for acquiring Smart home devices in recent years for easy, secure, and interactive purposes. These devices connected via IoT are powered by voice assistance, virtual reality, and augmented reality. Many of these devices are helpful in energy consumption and provide better control over automation. 

7) Better Manpower Management 

As per the recent trend (since 2021), many companies have adopted to work from a home model, which requires (IoT) Internet-connected devices (such as laptops, mics, & webcams) that are efficient in handling smooth workflow. 

Having the workforce connected remotely requires monitoring daily attendance, work assignments, work duration, completion of tasks, and other safety precautions of the employees. 

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Internet of Things Future Trends

Currently, our scope of internet usage is just not limited to smartphones, computers, laptops, and tablets. We are exponentially expanding in the purview of being smartly connected with many devices. Here is the list of what we can expect time ahead. 

1) Increased smart cities in the near future. Customers, companies, and cities will adopt IoT technologies to improve their lifestyles, successively saving time and money. 

2) As per the IDC (International Data Corporation) forecast, there will be approximately 41.1 billion IoT devices in 2025, producing around 79.4 Zettabytes (ZB) of data. The IoT generated about 100 billion dollars in the year 2017. Based on the forecasts, we expect this figure to grow to £1.45 trillion or more by 2025. 

3) Increase in Cybercrime will continue. In 2016, the Mirai malware system's most prevalent DDoS attack had accessed all the devices using default usernames and passwords. The entire procedure for many of the significant websites had been brought to a halt for several hours. 

4) 5G networks will boost IoT growth. Faster networks will impart better connectivity and quality. Data gathering, accumulation, managing, and analysing will improve real-time decision-making processes at a higher level. 

5) Home devices connected with 5G’s to a central router might be vulnerable to direct attack and security breaches, making it difficult to monitor all the future of IoT devices. 

6) Security and privacy concerns might pressure legislation and regulatory bodies to pass stringent privacy laws.  

7) Increased dependence on cloud storage might give attackers a chance to attempt data breaches. 

8) The router is an essential part of the Internet entry point to your home devices. Hence, it is crucial to upgrade routers to continue to make the future of Internet of Things (IoT) smarter and more secure for all house-connected IoT devices. 
 

 

Discussing the Future Scope of IoT 

As we have already discussed the future of IoT future applications, emerging trends, and predictions, let us have a walk-through about the future scope of IoT in the Healthcare, Agriculture, and Automotive industries. 

Healthcare 

IoT can be considered a boon to healthcare systems, as it has reduced all the unnecessary restraints in the healthcare system. 

Here, we will try to glimpse the Future of IoT in the healthcare sector. IoT provides advanced healthcare facilities to doctors, patients, pharmacists, and researchers. The wearable devices, patients' health record management, and smart diagnosis determination system all come under these facilities. 

Let us discuss on few points about how the future of IoT in the Healthcare industry is expected to prove beneficial. 

Cost-Effective Treatments 

As the patients can be diagnosed from their present locations, the hospital charges, long queuing, congestion in finding beds and other forms of hassles could be avoided. 

Scaling down Errors in Treatments 

With 24/7 diagnosis-like options available, IoT has helped reduce many manual errors while diagnosing patients. 

Access to specialists in distant and isolated locations  

With the help of IoT, the treatment of patients without any physical presence of doctors becomes possible. The patients are advised to put on the devices, and it will send the patients real-time data for analysis and advising further prescriptions for the needy. 

IoT mostly has come as a blessing to those who are in emergencies and patients who are willing to consult with doctors abroad.  

Agriculture 

As the world's population is increasing, food demand is also rising. The world is moving towards organic farming as many of us have become health conscious. This has led to the rising demand for innovative technologies to escalate productivity. 

The modern technology which uses IoT (Internet of Things) in Agriculture includes 

Drones  

Drones integrated with IoT are best used in spraying pesticides, planting crops, irrigation, and monitoring large fields. These smart IoT-based devices have brought a great deal of impact to the agricultural sector. 

Have Precision Farming 

The IoT-based devices help crop fields with advanced sensors to calculate the air, soil, temperature, and humidity moisture. The IoT (Internet of Things) in farming automates irrigation systems by controlling the water supply used to the fields/crops and boosting productivity.  

Smart Farming Applications 

IoT (Internet of Things) in Agriculture enables a few applications in real-time monitoring like equipment, livestock, crops and fields, and other farm-related aspects to improve the harvest and productivity. 

Automotive Industry

The application of IoT (Internet of Things) in the Automotive Industry has changed the trends of what a customer would expect before buying a car. The engineers have fabricated solutions like creating self-driving cars to minimise human errors and ensure the safety of the driver and passengers. Several top brands like Tesla, Audi, Volvo, and Mercedes-Benz have adopted this model, which includes multiple technologies such as Artificial learning, Machine learning, data science, Deep learning, and IoT.  

These IoT devices comprise thermal sensors, speed controllers, HD front and rear cameras, proximity sensors, wireless connectivity, rain sensors, and temperature modifiers. The navigator will help you choose the shortest route to reach your destination. 

The speed controllers will help you regulate the speed according to traffic congestion, and the HD cameras will give you visuals of your surroundings, ensuring the best and safest experience in your drive. And that is how the trends are changing in the automotive industry. 

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Conclusion 

In today's world, customer demands keep changing daily, and engineers are always on their toes to find innovative solutions to fulfil those demands. There is a high possibility of creating customised customer services/experiences for connecting devices variably at any of your houses, factories, cars, and products to give ultimate customer satisfaction.  

However, we can expect that in the future, the IoT will continue to grow and be the backbone of technological transformation toward easing humans' well-being. 

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