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What Can We Expect From IoT in 2024?

Few technologies have changed the world as much as Internet of Things (IoT) in recent times. IoT refers to a network of physical objects that are able to connect and exchange data over the internet. This can include smart home appliances, wearable technology, industrial machines, automobiles, and much more. This means that IoT is widespread these days and can be used for all kinds of useful applications across many industries. The tech continues to develop, so it is fascinating to look ahead and consider what some of the biggest trends will be in the year to come. Here are a few ideas.

Edge Computing

One IoT trend that is likely to dominate in 2024 is edge computing. Essentially, this involves processing data much closer to the source as opposed to in a centralized cloud. Edge computing can improve IoT performance by reducing latency and allowing for more efficient data processing. Additionally, edge computing can improve security by keeping sensitive information closer to the source – this is key during a time when cybercrime is a major issue. On top of this, edge computing can facilitate real-time processing of data. This is useful for a number of applications, such as autonomous driving and remote monitoring. Edge devices can also continue to operate and process data even when disconnected from the central network. 

Sustainability & Green IoT

Like many sectors, sustainability is a major factor right now and will play a massive role in IoT in 2024. There are many ways that IoT will become more sustainable, including using renewable energy like solar power to provide power to IoT devices. In addition to this, manufacturers will look to minimize the impact of IoT devices by using green, sustainable materials. Obviously, sustainability is important from an environmental and ethical standpoint, but it can also help lower energy bills and improve brand reputation.

Expansion of IoT Platforms in Industrial Applications

IoT has been transforming many sectors in recent times, but few as much as industrial sectors, including manufacturing, energy, and logistics. In 2024, there will be an expansion of IoT products from RS Americas in industrial sectors like this. IoT platforms will be used to automate tasks, improve operational efficiency, lower costs, allow for predictive maintenance, and much more. This will facilitate digital transformation for many businesses and should help them reach new levels of success. 

These are likely to be key trends in IoT in the year to come. IoT has been transforming many parts of life and many industries in recent times, and this will only continue as the tech continues to evolve and improve. It is certainly a field that you will want to keep a close eye on in 2024, particularly as IoT can be used to help businesses streamline and improve.

IEMLabs is an ISO 27001:2013 and ISO 9001:2015 certified company, we are also a proud member of EC Council, NASSCOM, Data Security Council of India (DSCI), Indian Chamber of Commerce (ICC), U.S. Chamber of Commerce, and Confederation of Indian Industry (CII). The company was established in 2016 with a vision in mind to provide Cyber Security to the digital world and make them Hack Proof. The question is why are we suddenly talking about Cyber Security and all this stuff? With the development of technology, more and more companies are shifting their business to Digital World which is resulting in the increase in Cyber Crimes.


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