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5 IoT Trends That Are Likely to Hit in 2023 and Beyond
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5 IoT Trends That Are Likely to Hit in 2023 and Beyond

As IoT becomes more widespread, businesses are starting to focus more on security, both in terms of data and physical devices. While many companies have already implemented IoT solutions, not all of them are taking the necessary precautions to keep their data safe. In order for IoT to reach its full potential, businesses need to make sure that their data is secure from unauthorized access and that their devices are physically secure.

The IoT industry is growing by leaps and bounds, and it’s only going to continue to grow in the years to come. Here are 5 trends that we think are likely to hit in 2023 and beyond:

1. AV Integration

More and more businesses will start integrating AV technology into their IoT deployments in order to improve communication and collaboration. The metaverse is a huge trend right now but it’s not yet a reality in the office. Leveraging IoT for communication and collaboration solutions enables not only a better user experience but also enables to report utilization which ultimately helps to assess the ROI of any investment and make strategic decisions based on data. One of the earliest AV integrators to pioneer the space of IoT and Smart Offices is GMS Global Media Services GmbH, the German GPA team.

2. Smart buildings and cities

With the proliferation of smart devices, businesses will increasingly adopt smart building technologies to make their workplaces more efficient and productive. This is currently in high demand even though not many solution providers can offer a holistic project. Some startups might offer a sort of space reservation app to enable a flex desk style of working but only with a building operating system that can connect several data sources and also control other worlds will be truly future-proof. One of the best solutions in that aspect that I have seen so far is the solution from Thing Technologies.

3. Connected cars

Autonomous vehicles will become increasingly common in the coming years, and with them will come a whole new wave of IoT-enabled cars. Though this relies on smart cities to a degree, it is clear that as far as IoT goes, each and every part of this ecosystem will need to be interconnected and control assets or at least gather data. While it is not yet clear who will be responsible for the behavior of cars, it’s clear that insurance companies play an important role in this, as they are likely to carry the risk. Accenture reports that this will be an $81 billion business for insurers so watch this space.

4. Increased focus on security

As IoT becomes more widespread, businesses will start to focus more on security, both in terms of data and physical devices. Some might consider this part of IIoT but others might see this more in the realm of FinTech. At the end of the day, the customers won’t care how security is established or who does what in this ecosystem. The IoT platform provider will need to work with the security providers to make sure that the data is encrypted and that the customer’s devices are physically secure. One of the companies that are at the forefront of this is Palo Alto Networks, which offers an IoT security platform that helps businesses secure their IoT deployments.

5. More mixes of edge and cloud

The IoT industry will start to see more deployments that mix edge and cloud computing (hybrid networks) in order to take advantage of the best of both worlds. Companies such as Lenovo and Ericsson have invested a lot of their R&D resources to design products that are not only available to deliver both edge and cloud services but even build rugged hardware that can be used even in the most critical environments. Have you ever tried maintaining cutting-edge tech near sea water or desert sand? This is something that should not be underestimated. We will see a lot more focus on this kind of solution in 2023 and beyond.

What else will be there for IoT in the future?

What else could there be in the coming years for IoT and IIoT? Here are some areas that are also likely to grow, but perhaps not yet in 2023.

  • IoT in advertising: IoT can help deliver targeted ads and even customize products for individual customers.
  • The future of transportation and IoT: IoT can help to create a more efficient transportation system by reducing traffic and making it easier to find parking.
  • IoT in manufacturing: IoT can help to optimize production lines and reduce waste.
  • IoT and healthcare: IoT can help to improve patient care and make it easier to manage chronic conditions.

Well, these are just my predictions but I’m sure that we will see a lot of new and innovative IoT deployments in the coming years. Thanks a lot to IoT Worlds for publishing my guest article and if you want to read more of my articles you can always find me on the tech news blog TechAcute.

This article has been provided by Christopher Isak, TechAcute.

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