We live in the smart-age world, which is fully equipped with smart devices be it a smart phone, a smart readers or sensors, smart home appliances, and so on. The list goes on and is growing exponentially. Our lives are loaded with smart devices. Smart devices have become part of our everyday lives making IoT the most popular technology across several industries. Connecting smart devices with each other, accessibility is enhanced to a great deal. How is this technology helping the smart world?

This rapidly evolving spectrum of IoT cloud applications has ventured into several industries and made its presence felt. The IoT arena encompasses manufacturing, automobile industry, agriculture, health industry, security systems, and many more. It equips smart devices with real-time tracking, locating, and monitoring to solve worldly challenges.

We are all so much prone to smart devices now be it professional, domestic, or entertainment purposes, we are surrounded by smart homes, cars, televisions, watches, and so on making lives easy. Another breakthrough was the Smart Health Monitoring systems in hospitals. Today, hospitals are equipped with the most advanced health monitoring systems especially in critical care centers. IoT has made a paradigm shift in the way of our lives by digitally transforming and connecting faster.

Future of IoT

We are witnessing rapid development in machine learning and artificial intelligence, which is making IoT set its roots deep into our lives and other industries. According to an analysis done by Microsoft, 94% of organizations will adopt this technology in 2021. We have set forth on 2022 year, and we see that it has come to be true, it is all around us now.

Many of the industries function using this technology and our lives have become dependent on this technology. It has created a revolution but does not fall short of challenges and scope for huge development. The rapid ascend of this technology is beyond our thoughts. By adopting to this IoT ecosystem, we can reap the benefits of smart functioning and connectivity to see the world different. This technology is growing to be easier to implement across all industries, thereby, paving way for more and more companies and industries to adopt IoT applications.

It is true with large enterprises who have already established their IoT presence, but the current wave is targeting the small and medium-sized enterprises to invest in easy-to-use simple IoT applications.

Growth and Huge Impact

So far, the growth of this technology has been awesome! Further growth, with new sensors, high computing power, and mobility is gaining momentum. This technology has given rise to Industry 4.0, smart cities, connected vehicles, and digital health care systems. B2B companies are using Industry 4.0 and connecting to their products directly.

All this demands for huge data creation and transmission of large set of data every day. In this, security is becoming the need of the hour. To establish the trust and confidence with IoT systems, securing the data and its privacy is crucial. Challenges are to grow in the coming years in terms of data and security. Security-focused data handling is the utmost need and given rise to security-centric tools and devices to scan smart devices and other assets. Being the most promising technology that has ever emerged, IoT has also played a key role during the COVID 19 pandemic throughout the world.

New Normal Work Culture

Given the pandemic situation and when social distancing was the new normal, this technology has come in handy to be connected, continue to work seamlessly, and exchange data effortlessly.

Healthcare Systems

During and post the pandemic, the healthcare industry uses IoT most extensively, thriving to get the services to their customers with ease. Off-clinic patient monitoring has been made possible with 24/7 availability and remote doctor consultations.

Smart Cities

With intelligent traffic monitoring systems in place, roadblocks are no more nightmares. RFID sensors are helping to reach civic amenities to reach out to people seamlessly in no time. Recycling and waste segregation are becoming the trend now to make this world a better place to live in.

V2X Technology

Vehicle to everything has set in giving room for larger scope in the automotive industry. Predictive maintenance, vehicle infotainment with hands-free vehicle movement has all come to be true now.

Agricultural Impact

Drones for surveying huge farmlands, sensors to help get information on temperature, humidity, and crop monitoring is helping this field drastically. IoT can also now be used to monitor cattle in the fields or when they are on the move.

Conclusion

We are witnessing the new normal in all walks of life today. IoT is not just a technical opportunity but a huge business opportunity. The most compelling and transformative technology, IoT is in its initial stages of revolution. There is more to come being coupled with AI, waiting to introduce more intriguing trends and technologies in future. There is huge road ahead of this technology to continue growing and taking this digital transformation to the higher levels.