Rapid popularization of Internet of Things (IoT) has established its position as the driver of global growth in future. It is expected to lead the upgrading of various sectors, such as healthcare, financial and other industries, with new development opportunities arising every few months. With an aim to keeping abreast with the pace of technological advancement, some future projections related to IoT are listed as follows:
1. Increase in Quantity of Devices
The application of IoT relies on electronic devices for data sharing. Therefore, the year 2018 is expected to see a rise in devices that support interconnectivity. The devices here do not only refer to mobile phones and notebooks, but a broad range of “smart devices” such as smart doors and smart locks.
A rise in the number of such “smart devices” is expected to expand the usage scope of IoT, thereby achieving higher precision and convenience. Furthermore, IoT is expected to become more widespread. It will no longer be limited to some selected industries and shall seep into daily personal use. In this way, IoT will be essential to the development and realization of smart cities.
According to a CSCO prediction for IoT growth, the quantity of interconnected devices will be more than 50 billion by 2020.
2. Wider Scope of Application of Mobile Devices
In order to connect with the aforementioned “smart devices”, users need to have personal devices for managing “smart homes”. Since the quantity of mobile phone users is huge and continuously increasing in the world, smart phones are expected to cater to this need, thereby playing a more important role in IoT-led development in the future. Certainly, we will spend less time and energy on certain activities as life becomes more convenient.
3. Personalized Marketing Platforms
In the future, comprehensive processing of large volumes of data from a single platform will be made possible by virtue of access to consumer data. This implies that marketing personnel will be able to make personalized advertisements on mobile phones or other smart platforms based on user behavior and personal data. Such methods will change the relationship between users and products, and the user’s demands will be paid more attention. In addition, enterprise owners will be given a lot of information about their customers to develop effective marketing applications or methods.
4. Security Issues
In the backdrop of the rise of IoT, one question concerns us all: Will the use of so many interconnected devices result in serious security issues? Even now, network attacks are quite frequent, so the possible security vulnerabilities shall be considered before implementing the plans, so as to ensure data security.
With the constant penetration of IoT in our lives, new vulnerabilities will emerge every day, thereby threatening our personal safety and security of our properties. For instance, smart locks and security systems at home could be disabled by a hacker, a smart car could be made to open the door and start engine, or even an implanted cardiac pacemaker or insulin pump could be vulnerable to hacking.
5. Big Data and Artificial Intelligence (AI)
We are expected to increase our IoT usage due to an increase in smart devices, thereby rapidly increasing the volume of user data produced. At this point, there will be a need to correctly process and analyze these data resources. We will acquire more accurate results and analysis by using AI and machine learning, as compared to human computation.