Top 9 Internet of Things Trends in 2021
At the start of the 2020s, the Internet of Things (IoT) is one of the most widespread and efficient technologies extensively contributing to business and household operations. Statista predicts the number of IoT-connected devices will more than triple between 2019 and 2030, and approach 26 billion by 2030. As the popularity of IoT grows, new trends emerge that go in step with the advancement of the technology. Let’s find out which trends will define IoT in 2021.
#1. Edge Computing for Efficient Data Processing
Since many connected devices cannot wait for a server’s response, edge computing allows them to process data and take action on their own at the edge of a network, right where data originates. IoT development is therefore not only about collecting data at the endpoints, it’s now also about processing and deriving insights from it. Skyrocketing amounts of data, expanding 5G networks and an increase in and ubiquity of smart devices are all factors that boost the use of this technology in the data processing.
IoT helps shift analytics from the ‘center’ to the edge of a network, which minimizes latency and enables data processing in near-real-time, and reduces costs, and optimizes bandwidth use involved in data traffic.
Using the knowledge generated by IoT and partnering technologies, companies are improving their decision-making and making it intelligent and data-driven.
#2. Setting the Stage for Remote Operations
The new reality has made remote operations an essential part of people’s lives, and IoT is playing an important role in its enablement. It concerns many spheres of life: work from home with the bring-your-own-device principle; manufacturing; logistics; healthcare; and many other domains that make the most of the remote monitoring of assets.
Remote monitoring is also an efficient way to keep facilities safe and sound, using predictive maintenance solutions. These are based on proactive, forward-looking handling of equipment that allows engineers to become aware of aberrations before they do damage instead of applying outdated reactive maintenance. It not only prevents downtime but also reduces maintenance expenses.
#3. Increasing Concerns around Security
The skyrocketing numbers of connected appliances cannot but give cause for security concerns. That is why security measures need to be implemented, especially those involving AI-based scanning of IoT networks to identify connected endpoints, their trustworthiness, and potential threat.
At the same time, the solution here may be hidden in the Internet of Things itself, as well as edge computing. Programming IoT devices so that they monitor and analyze the data they send may help trace threats or malicious behavior.
#4. A Reliable Basic for Digital Twins
A tool widely used in architecture, engineering, and construction services since 2002, digital twins will make the most of IoT in 2021. They process information at every touchpoint of a network, throughout the product lifecycle, which helps them properly visualize all of the product’s components.
#5. The Growth in Smart City Solutions
Environmental problems, together with the need for cost- and resource-effectiveness, propel the development of smart city solutions. These systems rely on IoT networks of connected devices, sensors, and management systems, and help build smart streets, buildings, parking lots, roads and pedestrianized areas, and public transport.
In 2021, health, safety, and efficiencies will be on the agenda of the changing society. IoT will play a significant role in this process, as it helps identify usage patterns and make subsequent decisions.
#6. Connectivity Options Are Widening
With the extensive increase in types and number of smart devices, new demands for networking and communication technologies arise. In 2021, 5G will continue to rise, cover new territories, and attract subscribers. Going beyond common 5G, companies that use it will embrace other low-power connectivity options, such as satellite.
With new connectivity technologies, IoT systems can acquire and process information faster, and transmit analytical results quicker.
#7. More Industries Coming on Board
Manufacturing, smart home solutions, wearables — these examples of IoT applications are on everyone’s lips these days. In 2021, they will also be accompanied by retail and healthcare operations forming IoRT (the Internet of Retail Things) and IoMT (the Internet of Medical Things).
In healthcare, advanced remote patient monitoring, automated home help, telemedicine systems and asset tracking based on beacons or RFID help monitor patients and equipment. These devices optimize employee workload, improve diagnostics and reduce human error. During the global pandemic, these systems are particularly important.
The role of IoT in retail isn’t vital, but it does a world of good to merchants, especially now during the pandemic. When brick-and-mortar stores undergo their transformation into online shops, this technology helps them achieve this in the most efficient manner. Automation powered by IoT will enable contactless and no-waiting checkouts, payments, and the acquisition of information. Retailers will also make the most of IoT in analytics: it helps track customer preferences, the best product placement on the shelves, and required stock replenishment.
#8. The Internet of Behaviors Coming to the Scene
IoT will also become a reliable tool to track user behavior, which gives the rise to another trend — the Internet of Behaviors (IoB). Although a serious security concern, the use of personal data such as location, biometrics, etc. by IoT networks can improve experiences for clients and employees.
As a result, companies can use data from mobile phones in their sales and marketing strategies to deliver their message to the right audience. Also, in 2021, in light of the Covid-19 pandemic, IoB will allow the monitoring of people’s adherence to health and safety regulations.
#9. AI making IoT Devices Smarter
In recent years, an increasing number of companies have been getting the most out of artificial intelligence in their operations, and manufacturers of smart devices are no exception. They have been introducing AI-based analytics to IoT devices, which allows them to derive and efficiently process insights from the data they collect.
Is IoT to Be of Greater Importance Than Ever in 2021?
As you can see, many of the 2021 IoT trends are propelled by the global pandemic and health concerns, by the drive for efficiency, and the growing need for the provision of better user experiences. In any case, IoT is strengthening its position as an important part of many intelligent networks that add value to businesses and to society.
