Europe IoT in Automotive Market 2022 | Present Scenario and Growth Prospects 2030| Cisco, Ford, IBM, Microsoft, AT&T
While IoT expansion may remain constant in 2022, it will change and adapt.
1. The IoMT is still expanding
With increasing demand for hands-free healthcare solutions, the COVID-19 pandemic has accelerated the adoption of the Internet of Medical Things (IoMT). In 2021, 64% of US households reported using these services, with 43% intending to continue using them after the epidemic. These indicators point to continued IoMT growth in 2022. For example, wearable health monitoring will become more common for continuing treatment at home. Hospitals will use IoT connectivity to track resources and schedule appointments remotely. Even after the epidemic is over, these standards will continue to rise to make health care more affordable.
2. Safety remains the focus
As the Internet of Things grows in popularity, security flaws are becoming more important. Disruption of connected vehicles could result in nearly 3,000 deaths during traffic hours. As more IoT devices are manufactured and cybercrime increases, security becomes a priority.
IoT manufacturers will include many built-in security measures, such as secret computing and authentication mechanisms for over-the-air updates. In addition to the update, security providers will provide additional IoT-specific services. Vulnerabilities will not disappear completely, but they will be reduced. 3. 5G supports the growth of IIoT
One of the most potential applications for these technologies is the Industrial IoT (IIoT). At the same time, their deployment is hindered by the current low network capacity and excessive latency. The arrival of 5G in 2022 will change everything.
Currently, there are 48 billion gadgets connected to the Internet, which put a strain on today’s networks. With 5G’s faster speeds, reduced latency, and increased capacity, industrial facilities will be able to extend IIoT to more locations. Entire factories can be transformed into integrated, interconnected entities.
4. IoT provides supply chain resilience
Companies will be affected by supply chain disruption in 2020 to 2021. As a result, many companies will integrate IoT connectivity into their logistics operations. Remote monitoring will give companies the transparency they need to detect and fix problems before they happen.
In addition, the data collected by these devices can be fed into sophisticated algorithms that can provide useful information. These developments will make supply chains more robust, but will not be achieved without extensive use of the Internet of Things. As a result, the IoT supply chain can be stretched.
5. Edge Computing is growing
As IoT networks expand, they will open the door to another inevitable innovation: edge computing. Edge computing has the potential to make self-driving cars practical while solving many of today’s cloud bandwidth, security, and reliability challenges. Despite these advantages, it is still a niche technology today, but that will change as the Internet of Things expands.
Edge computing will become more reliable and scalable as IoT security and processing power improve. As smart city infrastructure expands, this technology may begin to influence consumer applications.