Emerging IoT trends holding the potential to re-shape our future

IoT is yet another blockchain assisted technology or blockchain application where your data is cryptographically secured using a distributed ledger system. It also allows you to transfer data safely

between two parties efficiently and with complete peace of mind. The data being transferred is processed first using analytics before being sent to the IoT devices such as printers, security systems, smart appliances, and other devices connected to a computer network. As per the latest and emerging IoT trends, it can be said that it can successfully shape our future in every business domain.

Just a decade ago the IoT concept was not clearly known by the people but today it has successfully made its market presence by serving different industries all across the globe. According to a top blockchain company in India, IoT will have a huge impact on almost every sector that we know about and it simply cannot be ignored as well. IoT is the emerging technology that is now used to connect many devices to the Internet and to other connected devices in the network as well.

There are a lot of emerging IoT trends that are continuing to dominate the market as of now, such as –

• Increase in use of IoT devices

ITSpectrum is a leading IT service provider in the market and suggests that in the year 2020 the number of IoT connected devices will quadruple all across the world. Simply speaking it is not just the count of a number of connected devices which is on a rise but also the types of devices that are connected as well. Here is the list of different IoT device types that are expected to set a benchmark in the industry such as the GPS trackers, smart smoke alarms, smart fitness bands, doorbell mounted cameras, smart lock systems, IoT based security systems, and many more to be counted.

• Increase in number of connections

The future of IoT can be predicted as it can provide a smarter environment for the devices which will ultimately lead to more connections in the network. However, the availability and efficiency of new smart devices could make the IoT devices quite vulnerable and there could be a possibility of a cyber attack. This is the reason why the IoT service providers must keep check of every vulnerability associated with the IoT connections at every point of time.

• Implication of Cloud and Edge computing systems

As per the emerging IoT trends, it is quite evident that the IoT devices were relying on the cloud storage of data services. But now the scene is changing for a better future and the application development industry is beginning to utilize the Cloud and Edge computing network. The implication of these systems offers huge benefits and can help in filtering, sorting, and calculating the amount of data being exchanged in the network. Some of the key emerging trend in this sector is like better management of huge data, and lowering the dependency on cloud systems and increase the efficiency of apps.

• SaaS will emerge as a common norm

According to the top blockchain company in India, SaaS (software as a service) will be beneficial for most of the cloud-based computing companies. SaaS will be in high demand with many businesses and it is also part of the emerging IoT trends in 2020. More and more cloud vendors will come into the fore in order to become an active part of the dependency to be brought in by the adoption of IoT by the masses.

There is no doubt to the fact that the software industry is developing at an extremely high pace and as an IT service provider, ITSpectrum is no different from others. The above-mentioned emerging IoT trends of 2020 do hold the potential to help different industries and meet industry-specific customer demands with reduced costs. The next decade will speak for itself how there will be a huge transformation with the fast adoption of the latest IoT trends.