IoT is apparently the stuff of the future. He is already accomplishing the seemingly impossible. In 2024, we will see this reach new heights.
Statist . In 2024, it is expected to reach 189.5 billion. We will certainly see smart cities grow in the next year.
5. Attention to Sustainability
Increasingly, the world has focused on sustainability efforts to make our planet greener by reducing waste and carbon footprints.
Technology is often blamed for increasing our carbon footprint. But IoT can really help with sustainability efforts. Sensors in devices, for example, can assess the carbon consumption of various devices and tools — cars, thermostats, etc. — helping people and businesses understand their habits and take steps to correct them. Devices like smart lights can be programmed to turn off at certain times, saving energy.
On a small scale, that probably doesn't seem like much. But this isn't just a local operation – it's a global movement. We will see more and more people and companies adopting smart devices to better reduce energy consumption and waste in 2024, and we will also see innovations that will allow people to make better, more environmentally friendly decisions.
The future of IoT
IoT is a powerful entity, connecting people and objects, reducing costs, improving efficiency, and much more. It has already allowed us to achieve what we previously believed was impossible. And it shows no signs of slowing down.
IoT is still evolving, of course, and there are new advances every day. Along with the innovations we've discussed, new topics to consider include edge computing, which means data is processed and analyzed closer to the source, which ultimately reduces the amount of information that is transmitted. . This leads to reduced latency and faster response times.
Artificial intelligence (AI) and machine learning (ML) are also important concepts to consider, especially as these entities grow in use and relevance. AL/ML algorithms will need to make sense of the large amounts of data generated to better inform decision making.
And there are security and privacy issues that we will also need to deal with. As new technologies and devices emerge, we will have to create and implement protocols to ensure the security of our systems.
This list is by no means exhaustive. By 2024, we will almost certainly see these things of the future accomplish things beyond our imagination.
If you liked this, be sure to check out our other IoT articles.
- Internet of Things: The next level of security
- IoT trends
- Is your IoT security robust enough?
- Staff augmentation for the Internet of Things
