The Internet of Things (IoT) is, without a doubt, one of the most exciting and promising relatively new phenomena. It captivates attention and has an actual chance of transforming a broad range of industries.
Given our expertise in the field of IoT app development, we’ve decided to look at some of the main trends that you could expect in the nearest future.
According to popular statistics resource Statista, mobile apps are forecast to generate roughly around $189 billion by 2020. Moreover, the number of people who’re relying on their smartphones to access information and to carry out various tasks continues to grow.
Naturally, developers of IoT solutions would have to take it into consideration. If there’s one thing that you should expect in the field of IoT in 2019, it’s the growing importance of the mobile-first approach.
Looking at a relatively recent report, the IoT market is expected to grow by 27 percent and to reach $7.6 billion by 2026. You can expect a lot of that to be derived from mobile solutions.
Machine Learning and Artificial Intelligence (ML & AI)
When it comes to machine learning, the Internet of Things has already shown impressive results in the form of predictive maintenance. It’s something successfully applied in the field of manufacturing, for example.
You can expect this dynamic duo to continue flourishing. There are multiple advantages which stem from the combination of machine learning and IoT integration, including:
Facilitated data processing and classification
Effective resource management
Artificial Intelligence (AI) is worthy of special attention. Whether or not you recognize it, a lot of us already take advantage of this technology. Take your robot vacuum cleaner, for example. There are advanced solutions which map dwellings, remember the location of certain interior objects, and so forth. This basic sample perfectly demonstrates the combination of IoT and AI in action.
Security Remains a Priority
The Internet of Things is still a fairly nascent concept. As such, it probably doesn’t come as a surprise to you that it’s also a relatively easy target for wrongdoers.
You can expect hackers to continue trying to breach the defenses of IoT-based devices. For sure, this will also increase and improve the security measures put in place. You can expect advanced authentication methods, biometric logins, layered machine-to-machine verification, and other features.
Furthermore, you can also expect that machine learning and artificial intelligence, in the capacity presented above, will definitely help to identify and prevent data breaches.
Edge Computing Gaining Steam
Increasing trends in the field of IoT means that more devices will come to the industry. In other words, you can expect upcoming challenges regarding network speed and bandwidth. Cloud computing, therefore, is likely to begin losing popularity and you can expect the information to be stored by using edge computing.
Edge computing represents a distributed computing paradigm which intends to bring the data storage closer to the resource which needs it. As IoT-based devices rely heavily on data, this will improve their interoperability and overall performance.
Education Will Be More Focused
The overall improvement of the IoT fields will inevitably begin to demand a considerable amount of qualified employees. More likely that boot camp-style IoT courses will start to grow in popularity as an effective method of providing appropriate training.
As this happens, the field itself keeps on improving. Numerous education initiatives have already started to take shape, offering degrees which are specifically developed to provide much-needed theoretical and practical knowledge.
While IoT is gaining steam, it’s also important to avoid getting ahead of yourself. Before you even consider venturing into space, we recommend taking a quick look at these reasons that point out to the pros and cons of using smart products.
In any case, if you have any questions on the matter, don’t hesitate to get in touch and schedule a free consultation. We’re here to help.