IoT trends of 2023

The internet of things (IoT) is a term used for the ever-expanding networks of physical objects that are online, connected and capable of communicating and sharing information with us and each other.

Computers and then smartphones were the first devices connected to the internet. For the past decade, our homes have been filled with smart TVs, connected kitchen appliances such as kettles and refrigerators, and smart alarm systems, cameras, and lights. At the same time, we have become accustomed to working with smart machines at work, driving smart cars and even living in smart cities.

It is predicted that more than 2023 billion devices will be connected to the internet by 43. They will generate, share, collect data and help us use it in many ways. So here's an overview of some of the key trends that will impact the use and interaction of these devices in the coming year.

The Rise of Industrial IoT & Digital Twin Technology

An amalgamation of technologies is driving this new technological industrial revolution, and the Internet of Things is playing a major role in making manufacturing more efficient, less risky and more profitable.

Industrial IoT enables improved efficiency and productivity through data integration and analysis in a way that is not possible without an interconnected manufacturing process

Another concept that is gaining popularity is the “digital twin” technology. By using it, organizations can get a clear picture of how their IoT devices interact with the production process.

This gives companies insight into how the life cycle of their machines works and enables them to predict changes that may be necessary in advance. According to a study by Gartner, 48% of smart manufacturing users have plans to use the digital twin concept

Security and IoT

With the enormous growth in the number of devices connected to the internet, there are also more and more ways in which the technology can be hacked. The number and scale of cyber attacks is increasing every year. According to security researchers at Kaspersky, there were 2021 billion attacks against IoT devices in the first half of 1,5. And it is certain that we will see this trend accelerate in 2023.

IoT devices provide access points to our networks because they are often not as secure as computers or smartphones. Another threat comes from the fact that the "things" of the IoT sometimes consist of small or light parts. These can easily be lost or stolen. To provide protection against unauthorized users who have physically acquired the devices, it is necessary to add extra security. Fortunately, there are also positive changes. There are manufacturers who are adjusting the shipment of devices with default passwords. Consumers are also beginning to understand the risks better.

The IoT is not just a threat to security. By collecting data about network traffic and usage, connected devices fuel algorithms used to predict and prevent cyber-attacks.

IoT in Smart Cities

We see more and more IoT solutions to realize Smart Cities. For example, IoT is already being used to connect utilities, parking meters and traffic lights. Smart city projects are now in the pipeline, a development that will spread worldwide in the coming years.

Smart cities don't just focus on making life comfortable for people. These cities improve the social, environmental and financial aspects of urban life. And as the urban population grows, smart cities will become a key ingredient in improving sustainability and quality of life.

smart city

IoT in Retail

The use of radio frequency identification (RFID) tags has boosted smart stores. RFID makes inventory management a lot easier and more fun as opposed to using conventional data capture systems.

IoT can also record how visitors spend their time in the store. It does this by tracking their movements and product interactions using smart lighting. Using data collected by such systems, store owners can make necessary improvements to their inventory and even the way products are displayed on their shelves.

 

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