2024 is going to be a connected-driven year. With billions of smart devices and IoT-powered devices taking the market by storm, the projected IoT devices in 2024 are projected to be more than 207 billion.
From consumer electronics to businesses, the rate of IoT devices is going to increase bringing security on the deck of critical transformation.
Alongside, Artificial Intelligence and Machine Learning are to further mature helping IoT devices empower consumers.
More autonomous decisions and deep learning are further innovating IoT-powered devices. Also, businesses are catalyzing the power of IoT. Businesses are today more relying on IoT devices and connected devices. The distance between physical and digital life is expected to come closer as big expos and events are also revving up to showcase the power of IoT and connected devices.
Given the importance of IoT and connected devices, The Volt Post brings the key pointers below to help understand IoT technology tech trends in 2024:
- Edge Computing: With the increasing demand for real-time data processing and low-latency applications, edge computing will become more prevalent. It involves processing data at the edge of the network, closer to the source, reducing the need for central servers. Defining vital IoT technology tech trends in 2024.
- Artificial Intelligence for IoT: The power of Artificial Intelligence in IoT will also be a key tech trend in 2024. The marriage of AI and IoT will gain even more momentum. AI algorithms will be embedded into IoT devices, enabling them to learn and make intelligent decisions independently, improving efficiency and automation.
- 5G and IoT: The widespread deployment of 5G networks will revolutionize IoT by providing faster data transfer, lower latency, and increased device density is a key IoT technology tech trend in 2024. This will unlock new opportunities for connected devices and enable previously unimaginable applications.
- Smart Cities: The concept of smart cities will continue to evolve, integrating IoT technologies to enhance urban living. Further shaping the IoT technology tech trends in 2024 Smart Cities will be an instrumental sector to watch for. From intelligent transportation systems to smart energy management and waste management, IoT will play a vital role in making cities more sustainable and efficient.
- Security and Privacy: As the IoT ecosystem expands, ensuring security and privacy will become paramount. We’ll witness advancements in encryption techniques, authentication protocols, and device management solutions, safeguarding the data collected by IoT devices.
- Healthcare IoT: The healthcare industry will leverage IoT to improve patient care and optimize resource allocation. From wearable devices that monitor health parameters to remote patient monitoring systems, IoT will enable personalized and efficient healthcare delivery.
With more devices connected to the network, IoT devices will be on the checklist of security. More attackers are on a cakewalk to transit these IoT devices into a potential threat sphere. With AI-powered cyber-attacks expected to pose a growing threat in 2024, ensuring devices can be kept secure, particularly in an age of remote and distributed workforces, will be a key trend.