4 IoT trends for 2022-24

In a very short amount of time, the Internet of Things (IoT) has experienced exponential growth. Even though it’s relatively new, smart devices are pervasive in both the commercial and consumer worlds and not showing any signs of slowing down.  If we want to build a sustainable social and economic environment in the wake of the pandemic, the usage of data-driven and data-acquiring solutions, networks, and gadgets is no longer a luxury but rather a must. The Internet of Things will be impacted by the following four trends in the coming year.

IoMT Maintains Growth

The healthcare sector has been at the forefront of IoT advances, especially during the pandemic, using wearable technologies and telemedicine to diagnose and treat patients. With the help of these interconnected healthcare equipment, clinicians can examine and treat a larger number of patients without running the danger of contracting an illness during in-person visits. Additionally, wearable medical gadgets can be utilized to give insulin to diabetic patients or monitor blood pressure and heart rate.

64% of US families reported using these services in 2021, and 43% said they planned to do so even after the outbreak. These trends will keep growing even after the epidemic is over in order to expand access to healthcare.

Security Remains a Priority

The security issues on the Internet of Things are becoming more and more concerning as its popularity grows. Around 29 billion linked devices are expected to be spread globally in 2022, according to the networking and telecommunications giant Ericsson, 18 billion will be specifically connected to the Internet of Things.

There is a real risk to people’s security and privacy from the rising consumer use of apps and smart devices (tablets, smartphones, wearables). They are exposed to privacy and data breach threats when information about their behavior, where they are, their health, and their mental state is gathered.

If one device in a complicated network of interconnected devices is compromised, every other device it talks with could be vulnerable. Additionally, the physical “things” comprising the IoT can be lost or stolen, requiring another layer of security to protect against breaches and attacks.

Expansion of 5G

High-speed connectivity, extremely low latency, and increased network dependability are all provided by 5G networks. Additionally, they produce more data capacity, which supports more linked devices.

According to Gartner, worldwide spending on 5G infrastructure increased by $19 billion in 2021 at an annual growth rate of more than 39%. These figures are expected to rise sharply in 2022 and 2023. For manufacturers, 5G networks are opening up new possibilities, including accelerating the Internet of Things (IoT) through faster data transfer rates and more effective connections and communication between devices. The development of the IoT in 2022 will therefore depend on 5G.

However, much like IoT devices themselves, 5G will come with additional security concerns. In conjunction with each other, 5G and IoT could reshape the way we think about cybersecurity in the future.

Edge Computing Expands

As manufacturers include onboard analytics capabilities into their products or move data processing as close as feasible to its source of origin, edge computing will be a major IoT trend in 2022.  Edge gadgets are instead outfitted with “smart” sensors, such as advanced microphones and cameras, as opposed to what Forbes refers to as “dumb” sensors. This includes pressure and humidity sensors, computer vision-capable cameras, and microphones with language processing capabilities.

With the help of these intelligent sensors and edge computing, computations may be completed more quickly while transferring less data to and from the Cloud, which helps to relieve network congestion and lower network latency.

Conclusion

These are just a handful of the most significant Internet of Things themes that we will see over the course of at least the upcoming year. Undoubtedly, this innovative and dynamic field is ready for many more exciting changes. One thing is certain: over time, the Internet of Things will become more and more intertwined into our lives and economy. As a result, if you’re trying to construct a business that will endure, you should think about incorporating IoT and AI technologies