5 Big Bets for Enterprise IoT in 2020

It can be rightly said that from past decade the IoT service providers and Enterprise IoT services are growing at an exponential rate. Smart automobiles, regular devices or wearable devices, advanced sensors and software are improving past basic function and the network is increasing to take even more technical progresses every day. Users across the globe now have more connected devices in their home or work place this year compared to they had last year.

It can be rightly said that from past decade the IoT service providers and Enterprise IoT services are growing at an exponential rate. Smart automobiles, regular devices or wearable devices, advanced sensors and software are improving past basic function and the network is increasing to take even more technical progresses every day. Users across the globe now have more connected devices in their home or work place this year compared to they had last year.

Complete Advancement throughout the global market

By analyzing IoT market and connectivity statistics one would be able to see the total numbers of all mostly in the billions.  IT Pro stated that, only in 2019 alone, around 3.5 billion devices that are connected to the Internet are used for performing regular tasks. This means in the year 2020 more and more progress of Enterprise IoT services ,IoT service provider which will bring more traffic on an already congested connected internet. In 2020, it is certain that there will be an increased requirement for 5G connectivity summing up a lane the congested web highway to tackle the growth in devices. Also a bigger push for cloud computing to store data from these devices.

Transformation in the Healthcare and Manufacturing Industries

The Internet of Things (IoT) have created a major digital transformation across various industries, specifically manufacturing. Advanced radio frequency identification tags, Sensors and smart beacons have already initiated the next industrial revolution. It is predicted that the count of connected devices in the manufacturing industry will increase to more than double between 2018 and 2020. Makers or producers will be able to reduce delays, increase performance of production, lowering the equipment downtime and manage complete inventory. Beside Manufacturing Industry IoT is also expanding its impact in other sector, It’s been predicted by 2020 that 89% of healthcare organizations will have implemented IoT technology. There are innumerous applications of IoT in Healthcare sector some of them are like electronic health records, smart home care, smart pills, managing sensitive data personal healthcare management, and an overall higher degree of patient care.

Increased Security at End Points

IoT devices may be vulnerable to security issues and hacking threats. By 2020, it can be assumed that enterprises and IoT service provider will increased security at all endpoints.

Giant hardware manufacturers like HPE, Dell, Cisco, and many more are designing advanced infrastructure for the advance deigned to be physically uneven and secure, and security vendors will begin to provide endpoint security solutions to their current services to stop data loss, generate insights into network health and threat protection, include privileged user control and application whitelisting and control.

Smart Common Areas in Cities around the World

Smart cities are the next milestone which is yet to achieve. Sure we’ve designed and implemented smart buildings and smart homes, but fully smart cities is yet to come. By the end of 2020 it might be possible to see smart areas or neighbourhoods within cities.

Various organisations, are already in the process of designing a smart neighbourhood in different parts of world. Smart sensors has the goal to provide a convenient, safe, clean and comfortable place for those who live there, smart sensors help to track different walking routes, differentiating between occupied and vacant building, improving and detecting faults in sewage flows, parking space and many more.

Growth in the Market Penetration of Connected Smart Cars

While self-driving cars will definitely be a normal occurrence in the coming years, but there are lot more opportunities with IoT inside the car for 2020.Currently many of the vehicles have an integrated app feature built in them which displays real time diagnostic information about the car. This is possible only with the advancement of IoT technology. Now anybody with this featured app connected with his/her vehicle will be able to measure tire pressure, fuel capacity, data about fuel consumption and so many other things about a car. Also how it notifies the car owner when something is fallacious with the engine.
Beside diagnostic information multiple other IoT advancement can be seen by the end of 2020. Various other implementation of cutting edge technologies like integrated apps, deep learning voice search, and current traffic information are a few other things that will change the way we drive.
These are only a few bets for IoT service provider and Enterprise IoT services for 2020 and the years to come. There will be more scope of advancements that we have only dreamt about until now.