This blog you will have complete knowledge of the internet of things trends for every industry sector and business.

Current IoT Trends for a Smarter Tomorrow

At the end of this blog you will have complete knowledge of the internet of things trends for every industry sector and business.

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2018 was a really good year for mobile app development. But 2019 has a lot more to offer, according to Statista, the total number of smartphone users will cross 2.5 billion in 2019. The combined market generated by these users would be around US $188.9 billion by 2020.
  • Small business owners who are looking for ways to upgrade their business

  • Tech enthusiasts

  • People looking for startup ideas

  • Enterprises who want to manage their process better

You’ve heard a lot about the Internet of Things — IoT for short.

However, if you’re not tuned into the tech world, it can often feel confusing.

When talking about IoT; most people get their minds around Smart Home technology. Which helps you to remotely lock your door and access your home’s security cameras from your Smartphone?

Moreover; it can even regulate the temperature when you’re not home.

But understanding large-scale IoT projects like Smart City, smart offices, and Smart Supply Chain are often much more complicated.

About 94% of the businesses that have integrated IoT, have already seen a return on their IoT investments.

In this post, we’ll help you to understand 2019’s most influential IoT development projects. We’ll also discuss what are the recent trends in IoT that can benefit a wide variety of industries.

Check out what are some IoT trends to watch for in 2019? To make your life easier and your business more efficient.

Keep reading…

Contextual Understanding in Voice Assistants

Contextual Understanding in Voice Assistants
Though AI-based ADN Voice Technology has been on the horizon for a while, 2017 was the year it came to the mass market.

In 2019, it will only continue to grow.

IoT projects that offer voice-led Operating Systems will soon become a part of daily life. Amazon’s Alexa and Google Home will likely become the most popular pieces of Voice Technology assistant, outpacing even Siri and Google Assistant.

To make driving safer, Alexa will be integrated into cars. In fact, it’s already included in some Ford vehicles.

This way, drivers can ask for directions or change the music without taking their hands off the wheel.

For added convenience, you can use Voice Technology to control your Smart Home. You’ll be able to turn on your lights, adjust your thermostat, and much more.

You can even play music, make telephone call, order a pizza and conduct voice-based Internet searches. Or, you can do a quick 7 Minute Workout.

Businesses around the world are making custom skills for their operations to serve best-ever customer experiences. The best examples for this are Uber and Domino’s Pizza. A user can command alexa to book a cab or order a pizza without touching their phone.

Connected Industry

Connected Industry will continue to be one of the most influential IoT projects in 2019
Connected Industry will continue to be one of the most influential IoT projects in 2019.

Companies in a wide variety of industries can use the massive amounts of contextual data provided by IoT devices. This will help them to improve manufacturing processes, fine-tune management strategies, and monitor factory construction equipment.

One of the most popular connected industry fields?

Fleet management

Fleet management companies will be able to track mileage, monitor the number of stops taken, and find the current location of their trucks. They can also monitor gas levels, and even detect dangers on the road.

Eventually, this may even lead to self-driving cars in Automotive Industry

Smart City

smart city iot
According to Statista report, in 2020 the global smart city spending will reach 34.35 billion U.S. dollars.

Some smart cities have already started using smart waste management bins that are in reality IoT devices that send information about the amount of garbage in it. Hence; it will be easy to schedule pickups of the garbage without the overflow of bins.

What is meant by a smart city regarding the Internet of Things?

In cases of natural or man-made calamities, IoT devices can help a lot in rescue operations by giving invaluable information about people stuck in any given space. Giving rescue buttons on these IoT devices can also help in reducing crime rates as quick response teams can reach the location before any mishappenings.

Smart Energy

Smart Energy Solutions
Smart energy monitoring IoT projects will help both commercial buildings and households to monitor their energy usage efficiently.

IoT based Smart Meters will help households and commercial buildings to monitor their overall energy consumption.

Smart streetlights powered by cost-effective and energy-efficient LED lights will help cities lower their environmental impact.

Thanks to Smart Energy Grids, city officials will also be able to provide faster disaster recovery to residents.

Blockchain & IoT

blockchain iot startups
Of course, with all the advancements in IoT projects, security threats become a major concern.

Enter Blockchain, which uses advanced cryptographic processes to create security measures with decentralized control options.

With Blockchain, one compromised Smart Device will have a much tougher time infecting others. Essentially, this works because it allows digital information to be shared, but never copied.

The “original” digital data will provide much more information than in the past, including real-time updates. This data is protected by encryption, verification tools, and much more.

AI & Machine Learning

AI & Machine Learning
The goal of Machine Learning IoT projects is to help brands to collect massive amounts of data. Then, they analyze that data to increase operating efficiency and customer experience.

By identifying the most common behaviors, then replicating them. There are two options for how Machine Learning can take place: Supervised and Unsupervised.

Unsupervised learning means that these machines work to discover which behaviors are the most common. It then ranks those behaviors and other data in order of importance and influence. Essentially, these machines monitor the “real world.”

Supervised learning takes place within specific sets of data, memorizing and analyzing the desired outcome.

This way, a machine can learn to repeat it on its own.

Smart Supply Chain

Smart Supply Chain
A Smart Supply Chain is necessary for companies using AI and Smart data collection technologies. This is because it’s actually qualified to “decode” and implement the information collected.

Additionally, these Smart Supply Chains often possess targeted skill sets that not every worker has.

This advanced technology will also help companies to make better use of their storage space, avoid over-production, and help to monitor inventory.

You can rely on your business dashboard to help you and your human workers keep track of all this data. It’s a common misconception that the Smart Supply Chain management using IoT will replace workers.

However, the reality is that it will only allow them to become more efficient.

Healthcare Innovations

IoT healthcare Innovations
Smart technology doesn’t just benefit your business. The latest IoT projects can even help to save lives.

In fact, IoT healthcare is slated to be a $117 billion industry by 2020. IoT solutions can help to keep better patient records, manage and optimize workflow and appointments. It can even work with your medical devices for more precise results.

Collecting Medical Data From Devices

Smart devices that measure vital signs, like blood pressure and glucose levels, help doctors to keep an eye on their patients.

Hospitals having smart storage devices for medicines and other medical tools will keep a list of which items are scarce and which have expired so that regular updating of these medications and tools are done avoiding any type of shortage.

Improving Records, Scheduling and Insurance

IoT helps to streamline communication with insurance companies, ensure patients know what is and isn’t covered, and to keep track of medical billing processes.

Additionally, smart healthcare devices will use predictive analytics, often based on the information collected from the devices referenced above. This helps to ensure that patients schedule routine check-ups or follow-up appointments.

Finally, HIPAA laws and patient privacy are a huge concern.

In 2019, smart healthcare technology will turn its attention to implementing increased security measures for patient medical records.

5G and Smart Cars

5g driverless cars
5 G is going to be the answer to a question like what are the top IoT initiatives.

The fifth generation of wireless mobile communications with the Internet of Things is going to have a major impact on the automotive industry.

Significant data like rain gauges and speed, external cameras and GPS locations can be collected from multiple sensors.

Autonomous vehicles are going to witness next level transformation with no steering wheels in the self-driving cars.

The travelers will get all the information on the screen in the car and they will get notified when other passengers and exiting or the doors are opening.

With 5G; Driverless cars are going to have the fifth level of automation. Here are the five levels of Self-driving cars:

  • 0: ZERO automation

  • One: Assisting features for drivers

  • Two: Accelerating and steering handled by car, the presence of driver required

  • Three: On safe road conditions and under 37 mph the car can drive by itself, but the driver is still needed

  • Four: Within a well-mapped area car can drive completely by itself

  • Five: Over any terrain, any kind of road car can drive completely by itself. No need for a driver

Wearables

Wearables
Wearables are a must section for the Internet of things trends. With metadata monitoring, bidirectional data streaming and event signals connected devices are reshaping the connection between mobile apps and servers.

With the integration of IoT; signals for actions of the devices and trigger events based on proximity will be smoother than ever.

The bandwidth usage for monitoring and controlling devices remotely is soon going to overcome with the protocol-independent approach.

Wearables with IoT are going to be the new fashion trend with smart clothes, medical wearables, and smart wrist wears.

These examples of wearables and IoT explain why they are the perfect answer to what is the internet of things trends for 2019:

  • The mobility band for blind people to navigate by Toyota

  • Connected insoles for Navigation without a screen

  • Glucose monitoring by Medtronic GUARDIAN

Smart Mirrors

Smart Mirrors
This is my personal favorite IoT trend. Smart mirrors are amazingly beneficial for various businesses and are growing rapidly.

Presently they are mainly used in smart homes, automotive, retail stores and healthcare sector.

With smart rearview mirrors; automotive industry is witnessing an increase in the safety of the passengers as well as the drivers.

The drivers can check the traffic conditions, blind spots and other information from the mirror.

Smart mirrors are soon going to eliminate the need for physical fitting rooms in the retail stores. Consumers can have a live view of the dress they are going to buy without even trying them on.

The Retail Industry

retail industry iot
Especially in the short term, The Awesome IoT projects ideas will have the biggest influence on the retail industry.

Smart Store Analysis

Major retailers like Walmart have already started using Machine Learning and IoT technology. The introduction of IoT will improve the customer experience and increase their sales — both Ecommerce store and in-store.

Some exceptional stores provide services where you can place an order of your desired items and the machines will collect the products from all across the aisles. As a result; your shopping bag will be ready even before you arrive at the store and you need to just pay the price and receive your package.

Smarter Pickup Process

They use IoT technology to streamline their pick-up process. Instead of waiting in long lines, customers can simply scan the barcode of their receipt.

Then, the item they ordered will be delivered to them on a conveyor belt inside these so-called “Pick-Up Towers.”

Improved Customer services:

The latest retail IoT projects can help you to identify your high-value customers. When they walk into a store or add another item to their digital cart, you’ll be notified.

That way, you can ensure that you’re providing your most loyal customers with the best service.

Additionally, smart technology ensures that you never run out of your most popular products. Through the use of predictive analytics, you can identify when you’re close to selling out of your high-ticket items. Then, you can re-stock so that they’ll never be unavailable.

What is the future of IoT

If you are wondering how the IoT technology will shape the future? Then we have some cool statistics for you.

By the end of 2025; there will be around 50 billion IoT devices around the globe.

IoT technology is going to have an investment of $6.2 trillion; healthcare ($2.5 trillion) and manufacturing ($2.3 trillion).

Connected cars are going to rise from 10 % to 90% by the end of 2020.

What is the future of IOT in India? By 2020; IoT market in India will reach $ 15 billion with a 5 percent share of the global market.

Windfall for you: Industrial IoT

What is industrial IoT?

Industrial IoT delivers valuable insights, by monitoring, collecting and analyzing the data via connected devices and communication technologies. IIoT is a concrete answer to questions like why is IoT trending?, What is new with IoT? And where is the IoT used?

To understand the concept of IIoT better; let’s check out how IIoT is impacting different industries:

In the production sector; machines can predict the potential issues and self-monitor the problems.  Hence; it will have more efficiency and less downtime.

For the healthcare sector; connected devices will be used to monitor the data of the patient remotely and can send alerts to the healthcare providers when the change is alarming.

Supply chain; sensor-managed inventory is used to order supplies before the inventory go out-of-stock.

Look Out For These Nine IoT Projects In 2019

Now that you know the next big IoT projects, you must be thinking about how these technologies can benefit both your business and your daily life.

Big Data, cloud services, and IoT will only continue to grow over the years. Soon, businesses will reach a point where using these technologies is no longer an option, but a requirement.

To avoid getting left behind, it’s important that you work with companies who can help you to stay one step ahead of trending technologies.

That’s where we come in.

We work to identify and implement the latest Mobile & Web App Development in your business. We help to digitize your brand, boost your online presence, and ensure that you have an intuitive interface.

Of course, we do a lot more than that, too.

Get in Touch with us today to learn more about how our services can help you to streamline every aspect of your business — and boost your profitability as a result.