As of 2020, there were more than 28 billion IoT devices in the world. According to recent Statistic report, by the end of 2025, this number can increase three folds. Many industrial experts and analytical firms are trying to comprehend the 2021 trends for IoT that will dynamically transform our lives. As a leading IoT development company, we have also made some predictions for the future scope of this technology. Let us know more about them in detailed in below,
1) Huge rise of Smart Cities & Smart homes:
Since the huge rise of IoT devices is at an all-time high, more connected infrastructures will be created to support the growth of smart cities. The concept of smart homes, smart buildings and self-driving cars are already shaping our current world.
Many countries, like Singapore and USA, has already infused the concept of smart cities. Its solutions are empowering general public surveillance, smoothening the flow of traffic, and expanding utility services to create a hassle-free life for the citizens.
2) Increased Adoption in large Industries:
Currently, the logistics & transportation industries are the two early adopters of IoT technology. IoT implementation in the production segment has resulted in the generation of a distinct terminology for itself called Industrial IoT.
In the future, IoT will be accepted more freely by both these industries, and its amalgamation with other technologies will result in better cognitive and automated solutions. Data processing and analysis processes will improve, which will further prepare the technology for more sectors such as healthcare, agriculture, and hospitality.
3) Security will be a main concern:
In the earlier days, IoT, for the first time, witnessed an infectious malware that transformed its devices into a botnet, which expedited a DDoS (Distributed Denial of Service) attack on websites and engulfed them with fake internet traffic.
To prevent such cyber-attacks in the future, more secure and impenetrable frameworks will be developed for IoT devices. Routers and Gateways will be enhanced to provide security features other than basic password and firewall protection. This will help in keeping the data safe and confidential while it is being transmitted, processed, or analyzed.
4) 5G will be a main factor:
The improvement in the 5G networks will be a strong foundation for the creation of a connected world. It promises high-speed connectivity and the ability to connect multiple devices at a particular instance. Wireless carriers will hop on the 5G bandwagon, and more devices will directly connect to the 5G network instead of a Wi-Fi Router. This high-speed net connectivity will help in the instant collection, processing, management, and storage of data, which will further enhance the adoption of IoT and its products.
In this connected world, the internet will be the medium that will not only connect us but also join machines and devices to communicate with us. Day to day tasks will happen automatically, and a rise in self-driving cars will be witnessed. Smart cities will be developed that will not only boast an inter-linked architecture but also provide a lavish lifestyle. With IoT and other top-notch technologies, a world like this is possible. It will surely be a real magic. Looking to make your IoT Projects into reality? Book a Free Consult with our IoT Experts!