The top IOT industry trends to watch in 2021

 

The internet is about to reach its third decade as a global technological power. In the last two decades, the internet has been at the forefront of tectonic shifts in virtually every industry. Furthermore, technology is responsible for the birth of thousands of other industries, one of which is the Internet of Things (IoT).

What is the Internet of Things, and how does it work?

The internet of things, or IoT, is a term that involves connecting devices to the internet in order to capture and relay data. Simply put, iot turns otherwise dumb objects, such as a vehicle, into intelligent ones. In this case, intelligence refers to a device’s ability to perform such tasks without human intervention, such as driving a vehicle.

The ability of cars to drive themselves is the best and most well-known example of artificial intelligence. Self-driving cars do also gather data from their surroundings, interpret it in real time, and use the results to navigate the vehicle as a human would.
When it comes to the Internet of Things, the storey goes beyond self-driving cars. Today, smart homes, smart medical devices, and other smart devices that you would not expect to see in this category are being discussed. The term “smart” here refers to the ability to collect data, interpret it, and send input over a wireless network without the intervention of humans.
IoT was a term that had yet to gain widespread exposure only a few years ago. IoT has gone from a term to a trend as a result of increased advances and the convergence of artificial intelligence (AI) and machine learning (ML). Surprisingly, the continued mass acceptance of IoT is creating work prospects that did not exist only a decade ago. Even though the industry is still in its infancy, being an IoT developer is a coveted role today.
2020’s top trends
Nonetheless, operating as an IoT developer is not among the top New Year’s resolutions. Here are a few trends that will form the Internet of Things in 2020.

The Internet of Things (IoT) is being incorporated into blockchain technology.

Granted, the Internet of Things is one of the most notable technological advances, but it isn’t the most impressive. Instead, blockchain is the technological marvel of the twenty-first century so far. Furthermore, many in the industry have referred to blockchain as “internet 2.0.” Yet, what exactly is blockchain?
Blockchain is a distributed ledger that allows peers in a network to interact with one another. When users enter information on the network, the ledger records it, and no one person can change the data until the majority of users agree. Despite the fact that the technology has been around since the early 1990s, it was not until 2009 that it became widely recognised. The technology that underpins cryptocurrencies such as Bitcoin is known as blockchain. Furthermore, the technology allows for the most stable and open data transfer possible, hence the moniker internet 2.0.
Given the security potential of a blockchain network, it appears to be a natural framework for iot systems to run on. data protection is ensured as data is transferred over blockchain networks. Furthermore, bad actors will not be able to steal data from millions of iot users for their own personal benefit. Since the controversy about data and privacy problems is only becoming louder, blockchain is a massive trend for 2020.
integrating iot systems with blockchain technology has important consequences for the skillsets needed by developers. In the IoT market, for example, stakeholders would need to employ iot developers who are well-versed in the interoperability of IoT and blockchain platforms.

IoT use is increasing in the home healthcare services industry.

The home healthcare services industry is expected to grow significantly over the next decade, but the trend will begin in 2020. This is due to the fact that most of the population in developed economies is increasingly ageing. According to data from a 2015 study by the US Department of Health and human services, people aged 65 and up will account for about 17% of the global population in 2050. This data, in particular, suggests that demand for home healthcare services will continue to rise over time.
IoT is one of the most important factors driving the development of home healthcare. Indeed, via video connections, healthcare professionals can connect with patients in their homes. patients may also use smart medical devices to transmit critical data to physicians who are far away, allowing for remote disease detection and care. The use of smart medical devices has given rise to telehealth, a new field in the healthcare industry. In essence, telehealth refers to doctors’ ability to use iot to remotely track patients’ health.
The importance of blockchain adoption in iot systems becomes clearer at this stage. As previously mentioned, blockchain allows peer-to-peer connectivity within the network. The network is extremely secure, and no one can access the ledger’s data. The use of blockchain would promote the acceptance of telehealth services, resulting in a rise in the amount of people downloading and using iot systems.

The idea of smart cities is gaining traction.

Smart cities are one of the most visible outcomes of the Internet of Things movement. The idea behind smart cities is to use data and IoT systems to build an urban core that responds to human needs. In the most simple sense, a smart city is similar to a smart home multiplied thousands of times.
almost every computer in a smart home is connected to the internet through an IoT system. A smart lightbulb, for example, can turn on when you open the main door, or a smart coffee maker may start brewing coffee when your alarm clock wakes you up early in the morning. The idea is to get simple tasks done without you having to raise a finger.

 

Smart cities, likewise, require the use of data to allow the automation of tasks that would otherwise be performed by humans in a “dumb” area. Driving through city streets, turning on and off streetlights, and allowing energy use that is efficient are all part of the activities. A lot of progress will be made in this direction by 2020.
To stay relevant, developers all over the world will need to learn more about the interplay between IoT and smart cities. For example, an IoT developer in India will require the information in order to assist cities in the country, such as Bombay, in joining the league of smart cities, such as Singapore.

 

Data convergence is a concept used to describe the convergence of two or more sets of data.

The Internet of Things is largely about data, which is collected, processed, and used to make physical devices smart. To be sure, the scale at which IoT is being adopted would result in the collection of more data. According to statistics cited by Forbes Magazine, more than 2.5 quintillion bytes of data are generated every day today. As a result of the expanded use of IoT, the figures would soar to previously unheard-of heights.
As a result, more data storage solutions are needed. companies would need dependable storage solutions that allow them to retrieve data at a moment’s notice. Another problem for larger datasets is finding out how to make the data usable outside of an IoT framework. As a result, demand for data analytics and business intelligence solutions will rise in 2020 and beyond.
Furthermore, this trend would place a greater emphasis on the work of an internet of things developer who strives to build solutions that go beyond the industry’s requirements. This is a problem that the developers will have to deal with in the future.

Issues of law and ethics

The IoT industry will not be able to avoid the legal and ethical quagmire anytime soon. Because of the design of the industry, this is the case. For instance, the Internet of Things is all about tracking individuals, gathering data, and sending it to companies that create iot products, as well as third-party companies. This is a volatile topic, especially in societies where privacy is revered.
Questions about data protection will continue to dominate headlines in 2020. Surprisingly, these concerns are not fresh. Since the dawn of the Internet of Things, goodwill stakeholders and other awake users have been asking the same questions. What do organisations that collect data on individuals do about it, for example? Will users be able to control what happens to their personal information?
judicial problems occur as a consequence of the above. Will customers sue businesses to force them to give them more say over how their personal data is used? Various pieces of legislation have been introduced in the past with the aim of resolving the legal problems surrounding iot. The general data protection regulation (GDPR), for example, was adopted in 2016 to protect people within the European Union’s data privacy. Surprisingly, several other countries and regions are following suit. Except in the United States, corporations are prohibited from misusing customer data by statute.

Nonetheless, the issue of user protection and IoT corporations’ use of data will continue to be a hot topic. This is because, despite the fact that laws like gdpr have already been implemented, issues of data abuse continue to be identified.

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