05/27/21 3:11 pm

IoT is rapidly evolving and becoming an increasingly prominent part of the business sector. It’s time to pay closer attention to the evolution of the IoT and how it is changing over time because these inventions stand to make our businesses run more smoothly and our lives easier overall. However, to be able to reap the full benefits of the various aspects of IoT, you must stay ahead of all the trends and inventions that are emerging into the IoT on a regular basis. With that in mind, here is a closer look at some of the latest IoT trends to watch out for.

What is IoT?

IoT, or the Internet of Things, is a network consisting of billions of physical devices connected via the internet. These devices serve as an entire network in which they collect and share data. With the help of highly cost-effective computer chips and wireless networks, IoT has become one of the most massive networks in existence, and it continues to grow exponentially. Making digital intelligence the norm, IoT has made it possible for virtually any type of device or object to be added to the network with ease.

The Latest IoT Trends to Watch Out For

When it comes to IoT, there are plenty of trends to watch out for. Some of which are as follows:

Communication Technologies

IoT communication technologies is a term used to describe the various methods by which data is transferred from any given device to the cloud. Notable types of communication technologies are Wi-Fi, mesh networks, Bluetooth, LTE, NB-IoT, LoRa WAN/SigFox, and more.

Healthcare

One of the most exciting trends in terms of IoT and healthcare is telehealth. Although it has been around for quite some time, telemedicine and telehealth have officially become one of the most important innovations in facilitating healthcare at distance. Telehealth refers to a broader scope of remote health care services and non-clinical services. Telemedicine refers specifically to remote clinical services. The number of telehealth visits increased by 50% compared with the same period in 2019 as a result of the COVID-19 pandemic which has caused many locations to limit the amount of traffic flowing through their facilities. Moreover, there is an array of wearable devices, sensors, etc., that help make telehealth more effective.

Retail

 

IoT has played a major role in allowing companies to stay open throughout these difficult times. RFID chips have been used as a method of tracking customer behavior, which can help resolve supply chain issues. In a retail environment, RFID tracking can be used for individual products as well as moveable assets providing an increase in stock control and cost reduction. By tagging products and stock with RFID tags, staff is able to automatically track inventory and stock levels while minimizing the risk of loss and theft. A major benefit of using RFID in retail is the ability to scan hundreds of products at one time as opposed to having to count them manually one at a time, therefore, saving lots of time and manpower.

Smart Cities

Smart cities are a major trend to watch for in terms of IoT. Although these are not widespread, several areas around the world are starting to research smart cities and create prototypes to be tested in the future. For instance, areas using IoT could include public transportation, recreational facilities, and much more.

Key Takeaways:

  • IoT is becoming increasingly more relevant and prevalent as the days go on
  • IoT consists of billions of devices and the number of devices that are connected to the network is growing exponentially by the day
  • Some of the latest trends in IoT are communication technologies, healthcare services, retail services, and much more

The Internet of Things is quickly becoming a major part of the business sector, and consequently, our lives as a whole. If you are interested in learning more about IoT or if you want to find out how you can use IoT to help improve supply chain issues, contact your friends at Mars International or check out the IoT video on their YouTube channel today.