Monday, May 25, 2020

5 IoT Advancements To Expect In 2020

The Internet of Things (IoT) network is rapidly expanding with billions of connected devices that collect and share data everyday. IoT technology extends internet connectivity beyond traditional computer devices to a variety of day-to-day equipment. IoT development services have enabled technology companies to launch a variety of smart devices like home assistants, thermostats, smartwatches, and internet-connected vehicles. Once these devices are connected to the internet, they exchange data to render a convenient lifestyle through home automation and other applications. 

Over recent years, there have been tremendous developments and advancements in IoT devices, enhancing their features and capabilities. As we approach the year 2020, research firms like Forrester, Gartner, and IDC are conducting mass surveys to identify the upcoming trends in IoT. In this blog post, we will discuss the potential advancements in IoT that are expected to disrupt various industries in 2020. 

 

Widespread Adoption of Smart Speaker Displays
 

One of the latest developments in IoT is a Smart Display. The smart display is generally associated with a smart speaker which uses an integrated virtual assistant. It adds a visual element to the smart speaker, giving a face and personality to your virtual assistant. Amazon was the first to launch a smart speaker display (Echo Show) for its Alexa Echo devices. The company unveiled the first look of Echo Show in May 2017 and the first device was launched in October 2018. Similarly, Google has come up with its own range of smart speaker displays under its Google Nest home automation solutions.  

In 2020, we are going to see many other tech giants launch their own versions of smart speaker displays. Lenovo and Samsung have already announced their devices. The social media giant Facebook has also come up with a similar device called Facebook Portal which is available three variants i.e Portal, Portal Plus, and Portal Mini. 

Considering the widespread adoption of smart speakers in recent years, we can say that more people will purchase these devices in 2020.

 

Improved Logistics and Supply Chain Processes
 

Several manufacturing and retail companies have IoT-integrated ERP systems to efficiently track their logistics and supply chain processes. As we enter 2020 and as the year progresses, we will see widespread adoption of IoT in a number of supply chain processes. Many companies are planning to install IoT devices in shipping vehicles to accurately track the movement of deliverables and raw materials. 

IoT devices will also provide assistance to truck drivers in the form of real-time traffic updates and accurate location details to avoid delays. The idea of self-driving trucks seems far-fetched as of now but the year 2020 will witness significant progress in this field. 

Besides, the IoT revolution in 2020 will significantly improve logistics by enabling transparency across business processes and providing valuable customer insights. 

 

More Number of Connected Vehicles
 

Automobile companies have invested billions of dollars in connected vehicles. As of today, there is a huge number of internet-connected cars on the road. According to Business Insider, this number is expected to reach 381 million internet-connected cars in 2020 and perhaps even more. Leading motor companies like Tesla, Toyota, BMW, and General Motors are already working on innovative projects to launch self-driving cars. It will connect the number of cars to the internet, thereby providing owners better control over their vehicles.

In 2020, several motor companies are expected to launch IoT-enabled electric cars that will also overcome environmental challenges like pollution and global warming.  

The increasing advancements in vehicle-to-vehicle (V2V) technology will enable connected cars to communicate with each other while on the road. That being said, the V2V technology is critical for the safe commutation of self-driving cars as it enables them to keep a safe distance from each other.

 

More Devices Will Connect To 5G Mobile Networks
 

A majority of IoT devices use Low Power Wireless Personal Area Networking (LoWPAN) technologies to exchange and transmit data over the internet. It is a low-power wireless network having a unique IPv6 address that connects its nodes to the internet. LoWPAN establishes a low-cost communication over the wireless networks using open standards.

Researchers predict that the newfangled 5G technology will soon replace LoWPAN. In 2020, we are likely to see significant developments in this area as the 5G trials are in full swing in many countries. Several countries like South Korea, Germany, US, and the UK successfully deployed 5G networks in most of their states and provinces. Finland and Switzerland are likely to join these countries early in 2020. 

According to TechRepublic, the 5G technology will strengthen the LoWPAN networks rather than replacing them. It implies that most industries will continue using the LoWPAN networks but in conjunction with 5G solutions for increased flexibility. 


Avail Our IoT Solutions To Strengthen Your Business Applications
 

We, at Oodles Technologies, provide 360-degree IoT application development services to support a wide range of connected devices. We are a seasoned IoT development company that builds performance-driven mobile applications for IoT and home automation devices. Our IoT development services enable businesses to modernize their existing systems, reduce complexities, and enhance customer experiences

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