IoT – the Internet of Things, has been around for some time, ruling across industries like a boss. However, this technology now holds a greater potential, especially in the post-pandemic era.
Moreover, with the advent of 5G and AI, this IoT is expected to take a revolutionary shape in the coming times. So, stay with us as we shed light on the top IoT trends across industries to watch for in 2023.
Top IoT Trends for 2023
Here are top IoT trends:
IoT in Security
Cyberattacks and cybercrimes have been on the rise lately. Both customers and businesses are facing a hard time combating this issue. Therefore, companies are looking for robust data security measures for 2023. They are also constantly searching for best practices to avoid email security compromises.
To handle this situation, experts expect stringent IoT-oriented data security measures by next year. It will help minimize data theft risks significantly. It will also control the access of online data to any malicious design. Many large-scale industries look forward to investing in this innovative technology to avert data phishing, intrusion, and breaching.
IoT in Artificial Learning and Machine Learning
IoT and AI are natural associates. And the world expects to see more of this partnership in 2023. AI teamed up with IoT can boost the efficiency of the systems. This combination can work towards developing better machine-human communication. It can also help in complex data gathering and breakdown analysis.
The combination of these two future-forward technologies will significantly enrich, improve, and enhance the digital experience. Considering these benefits, experts expect massive growth in the number of AI-IoT devices in 2023. Moreover, the combination of IoT and ML can help build smart cities. This combination can also do wonders in creating smarter homes and elevators in the following years.
IoT in Healthcare Industry
At approximately $56.1 billion in 2017, the IoT in the healthcare market worldwide is anticipated to generate profits worth $267.6 billion by 2023. It means it is expected to grow at a CAGR of 30.2% from 2018 to 2023. You see, IoT devices are equipped with sensors. They are used to trace the real-time locations of various medical equipment.
For instance, nebulizers, defibrillators, wheelchairs, and oxygen pumps. Hospitals also use it for staff deployment and tracking. At the same time, surgeons wear IoT-enabled wearables to sense major issues during surgeries.
Besides, these gadgets also help monitor the patient’s health conditions in the emergency wards. So, considering all these advantages, the healthcare industry is looking forward to embracing this technology more in 2023.
IoT in Manufacturing Industry
IoT had a major impact on the global manufacturing industry. This innovative technology allows managers to plan, integrate, control, optimize, and analyze processes more effectively than ever.
It creates a network of connected systems, devices, and machines. With the help of IoT, managers can detect current and probable faults in their machinery. It helps them address the issue instantly and maintain a seamless manufacturing process.
Apart from this, with IoT-enabled wearables, factory workers can also analyze the safety conditions of the factory units. The more advanced sensor technology will help businesses identify and correct issues early in the coming times. It will also provide a differentiated and intuitive buyer experience and reduce overhead costs.
IoT in 5G
5G has marked its presence around the globe recently. This 5th-generation technology is a great platform for IoT technology. It delivers high-speed data with incredible reliability. It also offers better connectivity to smart gadgets like laptops, smartphones, and tablets.
According to the latest Star Dust research reports, this 5G network is ten times faster than the existing LTE network. This brilliant speed will result in faster data communication and transfer between users worldwide in 2023.
IoT Workplace
Workplace advancements gained momentum post-COVID-19 pandemic. From the sophisticated and modern workplace to the latest video conferencing tools, IoT has dramatically changed the way companies operate.
Robotic automated ML applications help employees cater to the customers more competently in the workplace. Moreover, with IoT in the workplace, managers can conduct online meetings using VR and AR technologies. They can gain assistance and guidance from their juniors and colleagues.
IoT in Development
The revolutionary technology of IoT plays a vital role in creating smart gadgets for smart cities. It has significantly improved the citizens’ quality of life. People use smart devices to keep track of their health conditions and physical activities.
Countries further plan to use IoT devices to control pipelines, traffic lights, and parking meters. They also seek expert guidance to learn how to make an Internet of Things strategy. Developing smart cities aims to reward citizens with social, environmental, and financial comforts. This ground-breaking change can bring sustainability into people’s lives and add value to them in the coming years.
IoT in Government Sector
Experts believe that IoT has the power to transform the rules and regulations of the global government sectors. IoT gadgets and sensors can help governments categorize and summarize data. This technology can also help provide people with efficient irrigation systems and food supplies.
Governments are also considering expanding the E-services to manage citizens’ ID cards, citizenship proofs, and property documents in 2023. By incorporating IoT into the system, many lengthy processes can be completed in minutes.
IoT in Customer Services
Efficient consumer services can make or break a brand image. And modern-day companies cannot afford to compromise their image and product quality. IoT technology can be a great help here. High internet services and smart devices can help companies track consumer behavior and their expectations.
It also improves the communication quality and buying patterns of consumers. Moreover, chatbot automation is helping brands resolve consumer queries effectively. Businesses look forward to getting more advanced IoT devices in 2023 so that they don’t leave any stone unturned to impress and attract their consumers.
Summing Up!
So, these are the top IoT trends to look for in 2023. There are currently over 13 billion IoT devices in the world. This number is expected to reach 25.4 billion by 2030. IoT is indeed the future of this world. It will play a crucial role in simplifying the lives of the people. It will help companies and government bodies make more informed and progressive decisions in the long run.
