6 development trends of the Internet of Things in 2019
Time:2020.08.07
View:
2019 will enter a year that simplifies development and large-scale deployment with vertically integrated solutions using specific Internet of Things (IoT) technologies. As many industries rely on IoT solutions to solve their daily challenges, we will begin to see multiple trends. After seeing multiple pilots and proof-of-concept projects (POC) that have not been expanded to large-scale deployments for various reasons, we will finally see a large-scale deployment of application cases with clear return on investment (Rol). Data privacy, security, employee safety and an evolving regulatory environment will drive applications in specific areas such as smart buildings and factories.
1. Edge computing solutions for the Internet of Things are maturing, bringing attractive business value to the small and medium business/SME market segment
Due to security, latency and other considerations, the business model of the Internet of Things will become increasingly apparent, and its financial value will be realized in edge and local deployments. Artificial intelligence (AI) and machine learning (ML) on the edge will be optimized for areas such as manufacturing, public safety, supply chain, and logistics; the business proposition of IoT solutions will become clear, and they will reap the benefits of increased efficiency value.
2. Vertically integrated end-to-end solutions for specific applications and use cases
Providing end-to-end carrier-grade solutions will be the key to developing fast-to-market IoT solutions and increasing application adoption rates. In order not to let customers go to multiple companies to purchase various technologies (such as chips, cloud, device management, etc.), the company will have the ability to provide all services in order to speed up the application cycle. On the road of digital transformation of large enterprises, system integrators will play an important role as providers and accelerators in the introduction of the Internet of Things.
3. With the massive investment in IoT technology from online e-commerce and physical stores, the disruption process in the retail industry will continue
Those retailers who have been investing in new technologies and hope to increase store traffic and provide a comprehensive online and in-store experience will continue to evaluate and deploy emerging IoT solutions. As we have recently seen the collapse of many large retailers, existing and new players who have developed IoT strategies will have market share. These networks will also be used to improve efficiency in areas such as energy conservation and compliance. Compliance (food safety, data privacy, employee safety, etc.) will also accelerate the deployment of IoT solutions.
4. In the practice of global spectrum allocation, as a country adds new frequency bands dedicated to the Internet of Things, new use cases will be promoted
In addition, we will see new frequency bands for the Internet of Things worldwide. With the expected rapid growth of IoT devices and their adoption in the next few years, a new frequency band capable of supporting all applications will be required. Government agencies will pay special attention to the bandwidth needed to support the equipment and critical applications they support.
5. At a better cost point, the security of IoT sensors and networks is improved, which will accelerate the adoption of IoT
Security has always been a hot topic in the industry, although many consumers (such as smart homes) do not fully understand the value of security and place convenience and cost above security when making choices. As solutions mature, and the industry provides end-to-end security at affordable cost points, we will see more secure endpoint solutions adopted in all IoT market segments. Through suppliers' massive investment in security features to differentiate their products, industrial IoT networks have become more secure and robust. Privacy and data-related laws will continue to evolve to promote adoption.
6. Complementarity of wireless technologies such as 5G, NB-IoT, LoRa, Wi-Fi, etc. will appear in specific vertical fields and applications
We will start to see the convergence of technologies (such as 5G, Wi-Fi, BLE, LoRa). As many sensors and application scenarios use multiple wireless technologies, this convergence will range from high bandwidth to low bandwidth. This trend will cover a variety of use cases from farm to factory to smart city applications.