IoT devices are becoming a part of the mainstream electronics culture and people are adopting smart devices into their homes faster than ever. By 2020, it is estimated that there will be up to 21 billion connected devices to the internet. IoT devices will be a huge part of how we interact with basic everyday objects.
The future of IoT has the potential to be limitless. The potential is not just in enabling billions of devices simultaneously. As networks and IoT platforms evolve to overcome these challenges, through increased capacity and AI, service providers will edge furthermore into IT and web scale markets – opening entire new streams of revenue.
Smart manufacturing is the next Industrial Revolution. 5G and the Industrial Internet of Things (IIoT) are enabling factories to seamlessly create a network of wirelessly connected machines and people that can instantaneously collect, analyze and distribute real-time data.
The Future of IOT
Is it just a matter of the future of IoT becoming the mainstream present of IoT, or is the fervor around the promise of IoT devices dimming?