Top 6 IoT Trends for 2023

As the need for data and real-time analytics continues to soar, IoT will be a hot commodity for the foreseeable future.

Internet of Things IoT

Summary

As the need for data and real-time analytics continues to soar, IoT will be a hot commodity for the foreseeable future.

According to market predictions, the number of devices connected to the Internet of Things (IoT) will reach 30.9 billion by 2025.

Want to jump in on the promising nature of the IoT world?

Here are six IoT trends to monitor for 2023.

1. 5G

5G is the fifth-generation global wireless standard that follows 1G, 2G, 3G, and 4G. It enables a network that connects everyone.

What makes 5G better than the previous connections?

  • Provides a massive network opportunity – 5G makes IoT possible for a wider audience. Phones, tablets, laptops, and other smart devices can connect to a 5G network.
  • Features ultra-low latency – Because it reduces end-to-end communication delays, it welcomes artificially intelligent systems that require quick response times. Examples include the systems used for self-driving vehicles and virtual reality adventures.
  • Offers better reliability – Because it delivers higher peak data, 5G increases the productivity of people both at home and in a digital workplace. It also results in improved efficiency and better performance.

2. Security

Because the incidents of cyberattacks and online threats are rising, cybersecurity is of the utmost importance.

IoT cybersecurity innovations include:

  • Full stack infrastructure monitoring – Perform infrastructure monitoring to keep track of all your tech stack, as well as your household items. This method makes identifying threats and anomalies in your system effortless and allows you to address them before the situation escalates.
  • Micro-segmentation – Limit IoT connections to when the devices need access to the network. To do that, change default passwords and factory reset devices.
  • Heightened security systems – Use (MFA) multi-factor authentication, encrypt personal networks and update the firmware to reduce the risks of revealing personally identifiable information. Develop an up-to-date knowledge of cybersecurity awareness.

3. IoMT Continues to Rise

The Internet of Medical Things (IoMT) underwent significant changes during the Coronavirus pandemic. IoMT played a vital role in providing access to quality healthcare when people had to stay home and social distancing became the norm.

IoMT innovations include:

  • Worldwide adoption of telehealth – Telehealth (or delivering health-related services via electronic means) evolved into standard practice. After it garnered universal recognition, clinics began to conduct virtual consultations.
  • Smart autonomous devices – Self-moving devices significantly help the medical staff with sanitation-related tasks. An example is Tommy, the robot nurse that helped Italian doctors care for ill patients during the pandemic.
  • Interoperability – Clinics created universal and easily accessible databases to serve patients. The databases capitalize on the idea of the interrelation of the systems in the human body.

4. Supply Chain

Supply chain interruptions in 2020 and 2021 signaled a change in the logistical operations of a business.

Here are the ways IoT addresses concerns with the supply chain:

  • Helps with asset management – Managers can replace human data entry and conventional inventory trackers with better alternatives, such as Radio Frequency Identification tags (RFID), internet-ready sensors, and Bluetooth beacons.
  • Improves location tracking – IoT-provided data makes real-time information about product location and transportation accessible. It accelerates operations and helps make product tracking more efficient.
  • Monitors storage conditions – IoT devices can automatically gauge storage conditions to see if they can affect product integrity. Examples are environmental sensors, which collect data about pressure, humidity, and temperature.

5. Data Governance

Many businesses leverage IoT innovations to develop commendable data management practices. As a result, their operations boast efficiency, better flexibility, and cost-effective approaches.

Their futuristic approaches also result in enhanced citizen empowerment and better government transparency. To top it off, they efficiently enforce rules and regulations.

Here are ways that IoT can aid in governance:

  • Monitor the operation of IoT infrastructures – IoT enables you to break down big data into visuals for easier processing. Because Graphite and Grafana create dynamic dashboards with real-time data, you can use these tools to track active users, the percentage of devices, and other MQTT metrics.
  • Facilitate disaster management – Governance systems can use state-of-the-art devices like alarm detectors and sensors. They can leverage these tools to determine warning signs of defects and prevent irreparable damages.
  • Provide digital documents – With digitalization and advanced analytics, government systems can install web-based programs to expedite the distribution of official paperwork. Examples of work that could use digitalization are caste and domicile certifications and ration cards. The same can be said with the facilitation of digital products. For instance, selling them using Klaviyo alternatives or other email marketing platforms is more straightforward and compliant with safety guidelines.

6. Salary Inflation for Embedded Software Developers

An embedded software engineer is responsible for designing and maintaining embedded systems, which are computer systems with software dedicated to executing a single function as part of a much larger system.

Concerning IoT, an embedded systems engineer can program different applications and computers into a custom system. They do this by tapping into their extensive knowledge of data structure, design patterns, automation testing services, and algorithms.

They also need to have a high understanding of software architecture, system integration, and hardware testing.

The things they bring to the table make them an integral piece of the puzzle for businesses that depend on IoT. This is evident from their salary range, with an average of €60,000 in Germany ($61,128.30).

More importantly, we’re still incorporating IoT into business processes. So, expect its median salary to increase as more IoT innovations occur.

Conclusion

In a fast-paced, ever-changing online environment, IoT is here to stay.

Gone are the days of believing that accessing an endless load of information was impossible.

Because the world is evolving, it’s high time we celebrate its evolution.

Alex Caldwell

A seasoned writer, Alex does his best to share his experience with the world and help brands and entrepreneurs find their voice. He loves exploring new topics and developing fresh ideas to turn into engaging stories for the online community.

A seasoned writer, Alex does his best to share his experience with the world and help brands and entrepreneurs find their voice. He loves exploring new topics and developing fresh ideas to turn into engaging stories for the online community.