The document discusses the future of the Internet of Things (IoT). It outlines that IoT will dramatically alter many industries like transportation, healthcare, and manufacturing which account for two-thirds of global GDP. Advancements in areas like edge computing, 5G networks, blockchain security, augmented reality, and predictive maintenance will accelerate IoT. The impact of IoT is explored through examples in transportation, wearable tech, agriculture, smart homes and cities. Statistics show the global IoT market is projected to reach over $1 trillion by 2026, growing at 24.7% annually.

2. • Introduction
• Future of IOT
• Impact of IOT
• IOT Statistics
• Conclusion
• Bibliography
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Content

3. Future of IOT
“In the next 10 years, the IoT revolution will
dramatically alter power, water, agriculture,
transportation, construction, health care, oil, gas
and every other industrial sector of the economy.
These sectors account for nearly two-thirds of the
global GDP.”
Timothy Chou
Author and Lecturer Stanford
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4. Future of IOT
• The future of IoT has the potential to be limitless. Advances to
the industrial internet will be accelerated through increased
network agility, integrated artificial intelligence (AI) and the
capacity to deploy, automate, orchestrate and secure diverse
use cases at hyperscale.
• An exciting wave of future IoT applications will emerge,
brought to life through intuitive human to machine
interactivity.
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5. Future of IOT
• Advancements in Edge Computing
• 5G Networks Across the Industries
• Blockchain for IoT Security
• Augmented Reality (AR) and IoT
• Better Data Analytics
• Predictive Maintenance Boost Up by IoT
• Energy and Resource Management
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6. Impact of IOT
• Here are some examples of how the IoT is likely to impact
business and society in the coming years.
1. Drive the IoT
Electric car-maker Tesla’s software automatically downloads
service updates and if necessary, autonomously schedules a driver
to pick the vehicle up and bring it to a Tesla facility. Say goodbye
to waiting in repair garages and haggling over the price of a
component.
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7. 2. Wear the IoT
Ralph Lauren’s new Polo Tech Shirt streams athletic
performance biometrics like heart rate, movement intensity
and energy output to the cloud. Integrate with other
wearables like Fitbit, to receive a unified experience of
your athletic performance.
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8. • 3. Become tomorrow’s Roger Federer
French tennis company Babolat has added sensors and
connectivity into some of its rackets. The Play Pure Drive system
allows players to analyze ball speed, spin and impact location to
improve their game.
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9. • 4. Making light of the IoT
Philips hue LED bulbs allow consumers to control lighting with
their tablet or smartphone. Users can program the bulbs to dim
at night, or blink if they detect an intruder.
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10. • 5. Making farming more friendly
The John Deere Field Connect system monitors moisture
levels and sends the data to farmers. The environmental
sensors also measure “air and soil temperature, wind
speed, humidity, solar radiation, rainfall and leaf wetness.”
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11. 6. Flying high
Virgin Airlines Boeing 787 aircraft are totally connected—from the
engines, to the flaps, to the landing gear. Speaking to
Computerworld UK, their CIO said, “We can get upwards of half a
terabyte of data from a single flight from the different devices
which are internet connected.”
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12. • 7. Looking after the elderly
Specialized sensors are equipping living spaces to monitor the
health and general well-being of senior citizens, while also
ensuring that proper treatment is being administered and
assisting people regain lost mobility via therapy.
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13. 8. Looking after your property
Bosch has developed an IP-enabled security camera that will
allow you to connect with your security system when you’re not
there. Accessing the Bosch iPhone app gives you a real-time
view wherever you are.
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14. 9. Never be late again…possibly
In many cities, driverless cars that signal street sensors will give
city officials the appropriate data to improve traffic patterns.
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15. 10. Smart cities
There are many examples of this. In Singapore, city authorities are testing
smart systems for managing parking and waste disposal to adjust to daily and
weekly patterns.The ‘Smart City’ Solutions Market will amount to over $600
billion by 2022
‘Smart Cities’, as in cities that use IoT sensors to collect data and generate
insights for better management, are already a major market, but continue
to grow with each year.
Cities like London, San Francisco, Rio de Janeiro and Copenhagen already
implement IoT driven applications, and most of the IoT projects in 2018
were in the ‘smart city’ segment. These cities are expected to continue to
use solutions such as smart meters, which are expected to grow to nearly
1.1 billion in investment by 2022. 15

16. • According to Fortune Business Insights, the global internet of
things market was valued at US$190 billion in 2018 and is
projected to reach US$1,102.6 billion by 2026, growing at a
CAGR of 24.7 percent in the forecast period.
• Investments in IoT technology are projected to grow at 13.6
percent per year through 2022
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IOT STATISTICS

17. Conclusions
• The future of IoT is virtually unlimited due to
advances in technology and consumers desire to
integrate devices such as smart phones with
household machines.
• A Networking and connectivity protocol has made it
possible to connect people and machines on all
platforms.
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18. • https://www.ericsson.com/en/future-technologies/future-iot
• https://us.norton.com/internetsecurity-iot-5-predictions-for-the-future-of-iot.html
• https://internetofthingsagenda.techtarget.com/feature/Future-of-IoT-6-trends-and-
predictions-to-watch
• https://www.jigsawacademy.com/7-awesome-future-applications-iot/
• https://www.weforum.org/agenda/2021/03/ai-is-fusing-with-the-internet-of-things-to-
create-new-technology-innovations/
• https://journalofbigdata.springeropen.com/articles/10.1186/s40537-019-0268-2
• https://dzone.com/articles/the-future-of-iot-15-trends-to-expect-in-the-forth
• https://www.ericsson.com/en/future-technologies/future-
iot#:~:text=The%20future%20of%20IoT%20has,diverse%20use%20cases%20at%20hypersca
le.
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Bibliography

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