Top 5 IoT Trends to Look Out For in 2022

February 25, 2022
Top 5 IoT Trends to Look Out For in 2022

The Internet of Things (IoT) space is growing by leaps and bounds every year, as billions of devices become connected to each other and to the Internet. Business operations across verticals will become even more efficient in 2022 as they leverage the unrelenting power of 5G.

Let’s take a look at the top IoT trends expected to grab headlines in 2022.

1.) Edge Computing

In recent years, more and more IoT devices have relied on cloud-based services for data processing and storage. But with new IoT use cases utilizing 5G private networks, this creates a new set of demands in processing a huge influx of data with shorter response times, as well as the ever-ramping need for data protection. Moving this data processing power from the Cloud to the Edge is not a new concept, but it is something we will see more of as the demand for 5G private networks rapidly increases.

New technologies such as Network Function Virtualization (NFV) are allowing for software and hardware to be virtualized, enabling companies to create nodes or computing centers closer to sites where data is produced, and drastically reducing response times. It will also help bolster data sovereignty, or being able to control and protect your own information. This is especially important for enterprises with high levels of data sensitivity thinking of deploying 5G private networks. In these areas – which are likely to see particularly strong growth over the next four years – companies will ensure that all their data, even if it is generated across borders, is kept on premises at the Edge.

2.) Artificial Intelligence/Machine Learning

Artificial Intelligence (AI) and Machine Learning (ML) are already impacting our daily lives, but they will grow to permeate every aspect of how we interact with technology by the end of 2022. Increased processing power and storage capabilities means we can collect and store far more data about user preferences, which will allow us to make better inferences about what people want or need. This will give businesses new predictive capabilities to help improve their product selection and increase customer satisfaction – the result being increased revenue for everyone involved.

In addition, as costs continue to decline and development becomes easier (thanks to improvements in areas like computer vision), we’ll see adoption rates soar among smaller companies without huge budgets. In fact, the question to businesses may likely better be “Why are you not investing in AI?” rather than merely “Are you?”

3.) Cybersecurity and Privacy

One of the biggest concerns surrounding IoT is security and data privacy. Many smart devices are tracking and storing personal information. It’s a double-edged sword – this technology can make our lives easier, but if not adequately fortified, these devices also create new avenues for nefarious actors to access our information. According to researches at Kaspersky, 1.5 billion attacks against IoT devices occurred during the first six months of 2021. If IoT trends continue to unfold as expected, consumers will want to be confident that their personal data is protected from hackers and malicious entities. Companies like Nest have already taken steps toward improving cyber and physical protection with features like Nest Tags, which use Bluetooth signals and GPS coordinates to help secure family members’ backpacks and other valuable items. For example, when a tagged item goes out of range with your smartphone or another household member tags an item first, you get an alert on your phone indicating it may have been stolen.

4.) IoT in Healthcare

The healthcare sector, especially since the start of the pandemic, has been at the epicentre of IoT adoption. These applications involve massive amounts of data collection from patients that can then be analyzed by medical professionals to improve patient care. This has the capability to change everything from treatment and medication to how insurance providers pay for healthcare. By being given access to more high-quality, real time information, doctors are able to make much more accurate diagnoses, while patients are given control over how they store and share their own data.

Medical IoT devices also enable healthcare professionals to more safely gather data on patient conditions, without the need to group potentially contagious patients or personnel close together and risk an infection spreading. The benefits being realized today with how Medical IoT devices are allowing professionals to treat more patients and expand care to rural areas will be felt for decades and lead to even bigger advancements tomorrow.

5.) IoT Systems Integration for 5G Private Networks

A systems integrator is typically an IT service provider who customizes software or hardware systems through integrating various off-the-shelf products. A growing trend we will see this year is systems integrators deploying 5G private networks, bringing Critical IoT to Manufacturing 4.0 and the smart warehouse.

The rollout of 5G private networks will instigate the need for more sensors and a wider range of IoT devices on machines, vehicles and people that will be connected to the Internet. Technology consulting firms like Deloitte predict that systems integrators will help companies tap into 5G’s benefits by providing full-service solutions for future factory operations. In fact, Deloitte anticipated that systems integration projects related to 5G technologies accounted for nearly 30% of business generated from IoT spending by 2022.

In 2022, these trends will continue to play an important role on how businesses utilize IoT. As a result, this new hyper-connected world and how we interact with it will continue to evolve.

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