February 6th, 2020
THE FUTURE OF THE INTERNET OF THINGS (IOT)
As the Internet of Things (IoT) permeates homes, cities and office buildings as well as industries like retail and health care, It’s clear that connected devices are changing how people interact with virtually everything around them. The total installed base of InternetofThings (IoT) connected devices is projected to amount to £58 billion worldwide by 2025, a fivefold increase in ten years.
Technologies such as 5G – the next generation of cellular connectivity – and edge computing – an architecture bringing compute closer to the users and devices that need it – have enhanced the capabilities of IoT devices. They have made it possible for wearables devices to convey health data in milliseconds, a fingerprint scan to admit you to a building or a voice command to schedule a meeting.
Here are the Top 10 Internet of Things (IoT) trends that will be prevalent in 2020.
Flexible displays are making news for quite some time now, but it has not yet appeared in any protect for purchase. For years, displays are simply considered the flat piece of plastic and glass, but flexible displays come with complete flexibility and better image quality. Manufacturers are looking forward to entering the arena of advanced technology in a fully automated manner. Flexible displays possess the potential to rank top on the list of innovative inventions as a giant technological breakthrough that will change the way we use smartphones and other digital screens.
5G: Obscuring reality
We are standing at the entrance of a revolutionary era where things will change with the speed of light-years and telecommunication and network industry is no exception. The next generation of broadband connectivity will definitely augment or replace today’s 4G LTE connection. 5G often known as mmWave is a high band spectrum that delivers high speed up to 10 gigabytes per second (Gbps) with very low latency. The introduction of 5G will transform the way we interact with technology in our regular life to a remarkable extent.
Data processing with edge computing
Edge computing processes data produced by the Internet of Things (IoT) devices closer to the location where it is created rather than sending it across multiple routes to Cloud infrastructure or data centers. Processing data closer to its existence prevents the risks of data loss while maintaining its integrity. Data processing is done by IoT endpoints at the edge and all or partial volume of the data is sent to the storage repository or central processing in corporate data centers or IaaS (Infrastructure as a Service) Cloud.
Voice assistants go multilingual
Most people on Earth are bilingual, i.e. they speak at least two languages. But this is not the case with virtual assistants as they allow executing a search in a single language. Recently, Google Assistant has turned the first multilingual voice assistant.
The fact is quite surprising, but English is not the most spoken language in the world. Mandarin is highly spoken in different regions of the world and tops the list of most spoken languages with Spanish being the second highest. Adding multi-language support to voice assistants can be pretty complex but is the need of the hour. Adding bi-lingual or multilingual support to voice assistants is important to gain the most out of it.
Wearables are finally diversifying
Wearables have transformed a lot from a decade ago to fitness trackers. They have become much more sophisticated, smaller, lighter and powerful. Beyond the wrist bands, these gadgets are finding new ways to look more attractive and appealing.
You can now get your health monitored through tiny devices and get notifications on your own smartphone screen. A perfect balance between innovative devices and everyday usability needs to be maintained in order to survive a wide competitive market. Since wrists are prone to wearables, technology giants such as Apple focus more on building wrist bands for the potential market featuring beyond fitness freaks.
Smart home market gets more pragmatic
The IoT industry is booming and undoubtedly, it is expanding to all other industrial domains. IoT endpoint expansion is expected to reach the real estate sector by the end of 2020. Despite high expectations, IoT adoption is slower than anticipated. According to a survey, though more than 80% of people are aware of IoT devices and smart technology, only 26% of the overall consumer owns a smart device.Future smart homes are likely to transform into most vibrant and dynamic assets. This technologically advanced concept has the tendency to transform the way people interrelate with their homes. A smartphone is one that shows potential to act automatically and respond as per the learned lifestyle patterns of the customers in coordination with real-time interaction. The aim is to simplify lives by increasing awareness, comfort, cost, convenience and energy savings.
Don't forget about self-driving car
Self-driving cars or autonomous driving is what the next era of technology has to give us. The way that autonomous cars are deployed will transform the way we get around. Fully- driverless technology is still in its testing phase; however, partially automated tech cars can be seen on roads for the past few years. BMW7 Series integrates partially automated features such as automated parking and it the controls can be handled remotely. Driverless technology will definitely make a huge change to our lives, but its manufacturers must combat the potential challenges to driverless or autonomous technology that includes both technical as well as ethical threats.
Behold, the flying taxi
You might have read about the flying taxi, but you have never seen it and wondering if they really exist or not. Well, flying cars are becoming a center of attraction for many, yet a huge number of audiences is sceptical about its success. German flying car startup named Volocopter showcased its air taxi flight at Stuttgart’s Mercedes Benz Museum. Can you imagine the future of urban mobility? It’s quite difficult, yet amazing to have someone experience the revolutionary change.
Dramatically advanced transformation continues apace innovatively. Sensor innovation is making its way in the areas of different industries, be it retail, medicines, health and wellness, hospitality, automobile, or food and beverage. A study reveals that the wearable medical devices market is expected to reach £10.8 Billion marks by the end of 2024. Sensors allow real-time, secure and accurate monitoring of data and deliver detailed insights to information with improved processing.
IoT is drafting the future of upcoming technology that’s going to take place in different industries. Wireless connectivity enables the latest IoT inventions to take the next step towards advancement as there’s much more to explore and innovate yet.