This presentation will tell you about the top 12 IoT Trends every entrepreneur must know.

1. 12 IoT Trends 2020
Entrepreneurs Must Know

2. While it started with steady growth,
the demand for connected home
devices will see a sharp rise in the
coming years. This demand, in turn,
will increase the need for the
manufacturing of connected electronic
devices.
Smart Home

3. It consists of transferring data to a
local device, closer to the edge of the
network, instead of sending it straight
from IoT device to cloud. This local
storage helps in filtering and
calculating
the data and sending a part/whole
data to the cloud.
Edge Computing

4. The year to come will see the machine
to machine authentication
overlapping, biometric logins
becoming a norm, and technologies
like machine learning, big data, and AI
being used to eliminate data
infractions.
Security

5. The year to come will see the machine
to machine authentication
overlapping, biometric logins
becoming a norm, and technologies
like machine learning, big data, and AI
being used to eliminate data
infractions.
AI, Big Data, and
Machine Learning in IoT

6. IoT being centralized has minimal to
zero guarantee in terms of security,
especially since the data is held by a
specific party. Blockchain, being
decentralized eliminates the issues
of lack of security and control being
with one party.
Using Blockchain for IoT
Security

7. The IoT tech spending efforts towards
smart cities, which are anticipated to
reach $80 billion by 2050, will become
a prime ingredient in the goal to
improve
the quality of living and sustainability.
Smart Cities

8. By making data accessible in real-time,
SaaS will find itself getting explored by
businesses. The time to come will see
more cloud vendors coming in the
picture as an active part of the
dependency that mass IoT adoption
will bring alongside.
SaaS will Emerge as a Norm

9. The absence of a unified IoT
framework is something that has been
a major challenge for the IoT industry.
Blockchain driven ecosystem can help
to bring all the data in one place with
its
decentralized operating model.
Unified IoT framework

10. IoT will be used not just for personal or
consumer-based use but also for
industrial use. It is evident from the
fact that IoT connecting devices are set
to grow to over 3.7 billion in 2019 and
to over 50 billion by 2021.
Increased Consumer
Adoption

11. One of the major IoT Trends will be
seen in the efficient tracking of
location
and wireless sensing. Wireless sensing
will be used for creating drones and
virtual assistants, object recognition,
and medical diagnostics.
Location Tracking and
Wireless Sensing

12. Operative majorly at the back of IoT
and Big Data convergence, customer
experience is poised to become more
personalized. This combination is what
would help in achieving an
omnichannel
customer experience.
Customer Service

13. The next-gen manufacturing tools will
make use of built-in sensors and
advanced programming for performing
predictive analytics and forecasting
the potential issues much before they
actually happen.
Predictive Maintenance

14. For more information on this topic,
please refer to this blog:
Top 12 IoT Trends That
Every Entrepreneur Must Know in 2020

15. Contact Us
Appinventiv Technologies
sales@appinventiv.co
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+91 8826909998
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