Topmost and Innovative IoT Trends To Watch Out For In 2020
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Internet of Things is one of the most talked out technologies in recent time. The popularity and implementation of IoT in nearly 4 or 5 years now have turned out as a sorted out trend. These technologies have changed the way we look at the world and the way we communicate. Connecting so many things directly to our mobile or any other smart device and operating it with the help of cloud support is something that we have to implement and deploy for useful results.
The Gartner’s Research Project on IoT
As per one of the Gartner Research projects, the number of connected things has been increased to 14.2 billion in 2019, and it will go up to 25 billion by the year 2021. Nearly 127 new IoT devices are connected to the internet every day and aren’t this something that you have to know about this technology used in your business.
According to the report of statista.com, the total installed base of the Internet of Things (IoT) connected devices is projected to amount to 75.44 billion worldwide by 2025, a fivefold increase in ten years.
The Evolvement of IoT Technology
This is how swiftly the IoT technology is improving and continuously evolving. There are so many things about this technology that are making a more significant impact on different industries and corporate sectors with time. As technology is enhancing, it is making so many things simpler, more straightforward, and easier in diverse marketplaces.
In this blog post, we will explore and check out such exciting and interesting IoT trends that you have to watch out for in the year 2020.
Data Security through IoT Technology
There is no denial in saying that data security is an Achilles heel in IoT technology. Internet of things majorly revolves around only one thing, and that is data. The data is sent from one device to another; it is stored, analyzed, and observed. Despite being a very important factor to manage, there is no proper security for the data in IoT.
But current IoT trends are indicating that this thing is going to change. The researchers and developers are trying a lot in order to provide proper data security for the IoT and by the IoT too. Yes, if everything goes well, this IoT technology will also help with the data management too. This is going to be a massive and innovative trend in the IoT world.
There are so many organizations out there that are already using the blockchain technology to provide security for their IoT devices. This indeed is welcoming. A new and decentralized system is being built, which is going to be a remarkable industrial IoT trend in 2020. The IoT technology and usage of blockchain for security is going to bring in some major and impactful changes in the industry. They indeed are something to watch out for in 2020.
Better Data Convergence and Analysis
Internet of Things is not only about changing our lifestyle and making it easy, but it also concentrates mainly on the data part too. Everything that we say to IoT or converse with the help of it is stored in the form of big chunks of data. The Big Data is a platform which will store all the data and support huge demands for large scale storage. It also helps in performing the required investigations which will help in extracting all the advantages of IoT.
Although there is a cloud for storing space, it may misbehave without proper support and storing huge amounts of data isn’t easy either. This is the rationale why it has become imperative for IoT to work along with the Big Data and use it for storing up all the data that it collects.
Another important thing that we have to consider here is the analysis of data. All the data that one collects with the help of IoT and various other technologies must be analyzed, and this is where you will observe the biggest industrial IoT trends 2020. AI will merge with IoT to provide even simpler and better analytics for the users. This is something that will change the way we are living now. Machine learning artificial intelligence technology, along with IoT, can completely influence the way we communicate and create a greater impact on this world.
Cloud Computing and IoT
IoT is nothing but a technology that encourages communication between devices with the help of the internet. In this communication process, there is a need for storing the data, and IoT takes help of both Big Data and cloud computing. While the Big Data is good at storing large chunks of data, cloud computing ensures that the data is sent and received on time.
The data that we share with this Internet of Things can be hacked, violated, or sold for any other person. Hence, the organizations started using cloud computing as a way to store data securely. Without any doubt, we can say that this cloud computing will be one of the best current IoT trends that you have to watch out for in 2020.
Blockchain as Backend Technology for IoT
As discussed above, security has always been an important concern in IoT, and there is no denial in that. The mass adaptations of IoT and scalability issues have made it even tougher for IoT. Internet of Things (IoT) is chiefly all about data, and there are high chances when this data is misused by the users. There are so many instances where the data has been sold.
The one reason for this misuse of data is the centralized system. As many employees and people have access to your data, any one of them can sell it or misuse it as they want. This is the key and the main reason why most of the people are concerned with getting it either in their domestic or commercial places.
This is the motive why it has become important to focus on the blockchain as the backend technology for this IoT. Blockchain is a decentralized platform where no one will be able to access the data until and unless they have the required keys and user permission to access. Using this technology in IoT can tighten the security for the data that we provide for the devices which will, in turn, increase its usage in our daily life. This is one of the emerging trends in IoT, which will increase its usage among the people and expands its reach for the users at the same time.
The consumers will have complete control over their data, and they can choose with whom they want to share it and with whom they don’t.
Smart Home Automation will be on the Rise this year
Using of IoT technology in homes has become a fantasy for so many people out there. Owning a smart home where everything happens with just a word of yours is something that almost every one of us is looking out for, and this dream can become true pretty soon. It is one of the latest trends in IoT 2020.
A time will come where devices will start telling people where to look for a thing and what to do rather than people telling the devices. The world is going to change at a rapid pace now erasing all the boundaries. The security and other fragmentation issues are influencing the growth of this technology in domestic applications. This is the reason why we will observe steady growth rather than an explosive one with a huge market for IoT devices.
IoT Devices for Effective CRM Management
Almost every business these days is running with the help of CRMs. It has become an easy way for organizations to reach out to the customers. IoT can change the way we are using this CRM and make it even more interesting with time. The automation of customer’s data and their requirements will be made easy with these IoT Devices for the CRM management.
For example, let us assume that a customer is having an issue with any product or service that a company is offering. Even before the customer reports it to the organization, the IoT will send all the required information and reason behind that problem. This makes it trouble-free for the company to solve the issue in a very short time, which is a great addition for their sales. There are so many CRM platforms that can be integrated with the IoT technology in the market.
Edge Computing For Better Data Processing
One main issue that we see in IoT is it adds up the devices behind a firewall network. Securing the normal devices from any kind of malware is easy as we use the firewall and other things, but securing the IoT devices is not an easy task. There is a need for high-end security in all the sections of the IoT connection.
The main aspect where IoT excels is the data processing capabilities which help with analyzing the information. Faster performing and processing goes a long way, and there is no denying in that. Edge computing is one of the easier and faster ways to speed up the processing of information.
While the developers are already using cloud computing, they can also start using Edge computing for better processing features. It can be estimated that both Edge computing and cloud computing can be used for better processing of the information.
Personalized Retail Experiences in 2020
Who wouldn’t love personalized experiences right! IoT is going to transform the retail experience and make it more personalized for the shoppers. According to IoT trends 2020, this personalized experience is something that you have to look out for. The Internet of Things devices will take up the data while you are shopping, and this data is used to provide you with a unique and personalized experience.
Any discount in your favorite shop or any other interesting offer out there will keep you interested and hooked up for the things. The IoT technology will make this your entire shopping experience better and interesting too.
Related Article:- Automotive Industry Trends 2020
Smart Cities Will Become Mainstream
There are a couple of cities globally that have completely turned out to be smart cities. Government is incorporating sensors and other kinds of technologies for automating many processes in smart cities. Now, with IoT, these smart cities will become a part of our mainstream. Every city will have these devices installed, and the government will use this technology to the fullest to provide better service for users. The smart cities will become smarter by using IoT.
Key Takeaways
The best thing about these IoT devices is that they provide easier and cost-effective services. They save up a lot of time, money, and effort for organizations and government agencies who are using it. This latest and emerging IoT trends this year will help in shaping up the smarter world with so many other significant advantages and benefits.
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