IoT, a term not known to many companies a decade ago, has become a vital technology to improve monitoring, enable proactive decision-making in various industries, and enhance security. From banking and finance to manufacturing and e-commerce, companies have successfully established industry-specific IoT use cases to make significant progress.

With their market size poised to hit the 1.6 trillion mark by 2025, new and emerging companies have also begun to find opportunities to scale with IoT solutions' implementation. It is important to note that IoT use cases will continue to expand in the coming years.

If you've been in the mobile app development or the IoT industry, this list of trends in IoT application development will keep you up to date and shape your career chart like never before.

You know, the Internet of Things (IoT) is no longer an emerging trend today but a well-established concept that continues to grow.

According to development stats, IoT is now part of all verticals and is expected to connect 21.5 billion units worldwide by 2025. And the fusion of two high-demand technologies is what you can't afford to ignore.

So let's dive in!

Role of IoT in Digital Transformation

While the role of IoT in digital transformation is great, there are many factors that are enhancing the usefulness of IoT and driving its growth. Data has become extremely valuable to businesses and AI has made this possible by making actionable data. AI supports enhanced digital IoT applications to enable appropriate, insightful, and predictive analytics.

Thanks to the Internet of Things, companies can work smarter by giving back more real-time information and decision-making power to employees. With the IoT transformation, everything is securely integrated into business processes and workflow.

IoT has impacted the retail business in many ways. Customers are constantly looking for a personalized and satisfying experience when it comes to the companies they interact with. Customers are constantly looking to connect with suppliers however wherever they want, they are constantly looking for a good selection of products relevant to their lifestyle needs, they are always trying to learn more about the products they want.

The Internet of Things has made all of this possible by connecting customers to businesses no matter what device they are on and providing them with the information they are looking for.

IoT app development trend #1: Home automation

With IoT devices, smart home automation will soon become the norm. There are many households already powered by IoT. With changing preferences, the trend will only increase. Since it will add security and protection to the home, people would not mind investing in it.

IoT app development trend #2: IoT in public spaces

Infrastructure for IoT is being implemented in many cities around the world. It can lead to greater efficiency and safety. With instant connectivity, there will be a tectonic shift in the way transportation works. When 5G goes mainstream, you can expect a quick transfer of streaming analytics. You can expect more real-world applications that will directly impact people.

IoT app development trend #3: Edge computing

In Edge Computing, instead of sending all the data from the device to the cloud, it is transferred to a local device located closer to the IoT device or at the edge of the network. This local storage device classifies, filters calculate the data, and sends only a small part of the data to the cloud. This helps reduce network traffic, manage large amounts of data, and reduce dependency on the cloud.

IoT app development trend #4: Health care

Expect sensors, medical equipment, wearable devices, health monitors, and a variety of other medical devices to be configured with IoT. There will be a rapid increase in the production of mobile health applications and virtual assistants available around the clock to monitor a patient's health from anywhere.

IoT app development trend #5: Blockchain for IoT security

With many sensitive organizations jumping on the blockchain train, it is time for many of them to use IOTA, which is a distributed ledger that records and executes transactions between IoT devices in the ecosystem. This reduces the cost of SaaS and the cloud.

Any expert IoT app development company can assist you in implementing this trend.

IoT app development trend #6: Data analysis

IoT will be combined with artificial intelligence and will generate a new trend of decision assistants. AI has the ability to identify trends. With the help of IoT, it will bring better data analysis and help us make better decisions.

IoT app development trend #7: Retail Personalization

IoT has created an enormous dent in the retail supply chain management space. It has improved the shopping experience for customers with the use of sensors and other techniques. In the near future, expect the IoT to send you notifications about a product you love in the retail store and at the same time direct you to the exact place where the product is placed in the store, using a map.

IoT app development trend #8: Security

With more and more devices connected to the Internet and a large amount of shared data, there is an associated risk. As industries, from financial institutions to healthcare, employing IoT, more applications will be created to ensure there are no security issues. The use of AI, ML, and Big Data to thwart any infection will prevail.

IoT app development trend #9: Predictive maintenance

The sensors installed in airplanes and cars can be installed in your home appliances so that you can avoid home maintenance disasters. You can expect home care solutions with the help of IoT as an offer soon. This will create a market for smart appliances.

All you need to do is hire app development company and come up with an excellent IoT solution.

IoT app development trend #10: The IoT framework will be strengthened

Since the uses of IoT have not been fully exploited, there is no unified framework to guarantee standards across the spectrum. Once the use of IoT spreads across different industries, you can expect an unlimited framework so that not only data becomes secure, but devices can be extrapolated for additional services. If you have any IoT application development requirements, please contact the WebVillee team.

IoT app development trend #11: Human-IoT interaction

Today, sensors are attached to devices through which the IoT provides valuable information. It will soon be possible for humans to be monitored by sensors with the help of IoT. You can participate in comprehensive data collection to monitor employee performance. While the issue of ethics is in balance, there is no question how data can pave the way for the recruitment industry.

IoT app development trend #12: More consumer adoption

With increased adoption, the IoT space will mature and spawn newer technologies. The IoT architecture will evolve and could even make a big difference in fields like agriculture, insurance, finance, transportation, etc. The opportunities are endless.

IoT app development trend #13: Smart Cities

Once governments understand the importance of IoT, they will be leveraged in as many areas as possible. There will be a lot of data sharing between private and government agencies that will seriously affect the industry. It can help in traffic congestion, improve safety, help with sustainable development, etc.

IoT app development trend #14: Big Data

Although they are separate entities, their convergence can result in growth. You can track energy consumption, store and analyze the data to derive trends and comparisons that will be useful for the future. These patterns that the IoT retrieves can improve productivity, reduce costs, and streamline operations with the help of large amounts of data. If you are looking to work with dedicated resources to help you with Big Data solutions, please contact us.

Summing Up

Incorporating an IoT solution into the business setup enables real-time data access and performance monitoring for businesses. Additionally, with the use of other transformative technologies, including AI and Blockchain with IoT-enabled solutions, organizations experience more accurate and secure data access on an IoT network. However, the world of IoT-enabled devices continues to expand as companies introduce new industry-specific use cases.

You must get in touch with an expert mobile app development company in India and give your business the gift of success. 

For any other queries or suggestions, feel free to comment below. Till then, that's all, folks!