Major IoT Trends Expected in 2018

access_time June 16, 2019
by   TechmavenitAdmin
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The year 2017 will be remembered for its widespread acceptance of IoT systems with several organizations having incorporated IoT technologies in to their products, processes and workflows. Going forward, it is expected that this trend will likely continue in to 2018 with more sectors getting incorporated under the IoT umbrella. A study by Gartner reveals that IoT is expected to grow exponentially, with businesses generating revenues of over $300 billion by 2020. With forecasts of exponential growth happening in the IoT space, let us look at the major IoT trends that would likely define the future of IoT in 2018. Demand for smart home devices to escalate The year 2018 will likely see the increasing incorporation of the IoT technology in to home devices, bringing in greater comforts and increasing the security and safety of family members. Your smart fans and smart lights will switch off the moment you leave your home and your smart front door will open as you come and shut as you leave. The smart garage gates will open when you take the key of your car in your hands. These smart devices like smart doors, smart locks, smart refrigerators, smart lighting, smart fans, smart TVs etc will provide for a tension free life, improved living standards and help in conserving energy. Edge computing to have prominence over cloud computing Edge computing can be termed as a distributed information technology architecture in which the data is first transferred to a local device situated closer to the IoT or on the edge of the network. Edge computing will help better manage the vast amount of data each device sends out. Additionally, it will help reduce security risk and help applications perform faster and reduce latency. Moreover, with the ability to gather and process the data locally, the Iot application will consume less bandwidth and works even when connectivity to the cloud is affected. The year 2018 will witness the increasing preference for edge computing over that of the cloud. Healthcare to witness increased IoT adoption The year 2018 is poised to witness large-scale IoT adoption with devices such as sensors, wearable devices, health monitors etc set to be connected to Iot. We will witness a scenario in 2018, where mobile health applications and virtual assistants will help health care professionals monitor the heath of a patient from afar. Additionally there will be a surge in the use of wearable devices and implants that could track, monitor and provide medical professionals with real- time reporting of a patient’s medical condition. IoT security to gain top priority With the number of devices becoming connected reaching unprecedented levels, there will be a huge amount of data that is being regularly generated. Unless secure measures are adopted, the security of this data is always at risk from ransomware attacks. A minor lapse or an unguarded password could expose a whole chain of connected devices to grave security risk. The year 2018 is slated to be a year when security of IoT applications will gain added prominence. AI set to analyze data With billions of devices getting connected to IoT, there will be a huge amount of data that will be generated and that which will need real-time monitoring and analyzing. Manually analyzing this data is next to impossible and the help from artificial intelligence will be sought in analyzing this . The year 2018 will witness the convergence of AI, IoT and Big Data giving rise to a wave of next generation applications able to collect, monitor and analyze huge volume of data.

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