IoT Trends in 2024: What’s Next for Connected Devices?
MOHIL SHETH
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Introduction:
As IoT continues to transform our world, 2024 brings new trends that promise to redefine connectivity, efficiency, and intelligence across industries. Here’s a look at the top trends shaping the future of connected devices and where they’re heading.
1. Edge Computing on the Rise
By 2025, 75% of enterprise data is expected to be created and processed outside a traditional data center or cloud. Edge computing will drive this shift, enhancing real-time data processing and reducing latency for IoT applications, from autonomous vehicles to smart manufacturing.
2. AI and IoT: Smarter Together
Combining AI with IoT is unlocking unprecedented possibilities. By 2024, 60% of IoT deployments will incorporate AI to enable self-learning devices, predictive maintenance, and enhanced user experiences, transforming sectors like healthcare and retail.
3. Strengthened IoT Security
With over 30 billion IoT devices expected by 2025, security is critical. Expect stronger encryption, AI-driven threat detection, and increased regulatory compliance to protect data and ensure consumer trust.
4. 5G Accelerates IoT Adoption
The global 5G IoT market is projected to reach $40 billion by 2025, boosting the deployment of IoT devices with faster, low-latency connectivity. This will enable smarter cities, advanced automation, and more responsive healthcare services.
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5. Focus on Sustainable IoT
Sustainability will drive IoT innovation in 2024. With 84% of companies recognizing the importance of sustainable practices, expect more energy-efficient devices and green IoT solutions that reduce costs and environmental impact.
6. Interoperability Takes Center Stage
By 2024, 50% of IoT platforms will be built on open standards to foster seamless integration across devices and systems, breaking down silos and enabling new levels of data sharing and collaboration.
7. IoT in Healthcare: A Quantum Leap
Healthcare IoT will grow to $267 billion by 2025, revolutionizing patient care through remote monitoring, smart wearables, and personalized treatment plans. Expect better health outcomes and reduced costs driven by connected health innovations.
Conclusion:
The IoT landscape in 2024 is set to be more connected, intelligent, and secure than ever. Embracing these trends will help businesses and industries unlock new opportunities for growth and transformation in a digital-first world.
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